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


To: David Weis who wrote (25834)7/24/2000 9:52:13 AM
From: donald sew  Read Replies (2) | Respond to of 42787
 
When the DOW was down about 50 points I got a CLASS 2 BUY signal on the DOW and a firm CLASS 1 BUY on the SPX(intraday signals). The NAZ and NDX are only in the lower midrange bordering on oversold.

If the overall market closes near/at the intraday lows I will get a CLASS 1 BUY on the SPX on a closing basis; therefore I will probably go long a small position in either the ULPIX(long-SPX) or the UOPIX(long-NDX).

Keep in mind that if I do go long at todays close it will only be for a short-term trade, since Im more bearish than bullish in light of the various BEARISH WEDGES, but still expect a bounce within the parameters of the BEARISH WEDGES



To: David Weis who wrote (25834)7/24/2000 12:25:25 PM
From: Electric  Respond to of 42787
 
David,

Hey!

I dont know why I decided to post again, it had been a long time and I figured that I wanted to see how everyone has been doing.

How has trading been going for you? I noticed that today DELL got a 70 dollar target. I dont see DELL going over 60 for quite sometime. I cant believe that its PE is still 80, and it has gone nowhere for over a year.

Watch SRTI, light float, big earnings. New IPO. Nice chart.. I think it can go to 70 or more near term.

What sector have you been involved in lately? I noticed that most on this thread are into the semis. Smart move since alot of the smaller stocks have really ran nicely.

I will PM you later and tell you whats been going on off topic. Needless to say, I live in the sticks in PA, outside Philly. So now when I need a gambling fix I go to AC instead of Wendover. I cant believe I have almost lived here a year..

Sorry for not keeping in touch better..