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

To: Chris who wrote (25158)	7/11/2000 7:22:31 AM
From: donald sew	Read Replies (1) \| Respond to of 42787

Chris, Heres my interpretation of your NDX chart: The lower chart is a longer term/smoothing type of chart, and based on the period of that chart(9 months), it is smack in the middle, which implies that it could go in either direction. I also notice that the signal line(red line) is just slightly starting to peak below the yellow line, and if that continues that would be negative for the NDX. Since your upper chart is now in the short-term overbought position, a short-term reversal, which is now probably starting, should continue to bring that red line on the bottom chart below the yellow line, which as mentioned would be negative for the NDX longer term. So how did I do interpreting your chart? Also noticed that the majority of the short-term cycles lasted about 2 weeks. As for CLAUD's chart, I agree with those trendline of the DIAMOND. I keep on hearing that the trendline on the DIAMOND is around 10,700 which is one of the 2 downward trendlines. Notice that the APEX of the TRIANGLE is in AUGUST, of course if it is not broken to the upside. seeya