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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (23202)	5/21/2000 9:12:00 PM
From: bobby beara	Respond to of 42787

dennis, there is a boatload of bearishness and the nasdaq is way oversold, i bought the dip on 5/10, but this dip i'll let somebody else take a risk on. i'm not so sure the triangle on the nasdaq is not a continuation pattern, and i think the $ / euro may be reversing here, but more confirmation will be needed. so i don't like the risk here, i'd rather just watch until this settles out for a day or two. adobe has what looks to me a very nice topping wedge, amd has a bunch of small bodied candles at the top of a parabolic, there are head and shoulders patterns, broadening patterns on a whole bunch of tech leaders, and too boot the nasdaq chart is the spittin image of the 1989-90 nikkei chart before the next big leg down. b