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


To: donald sew who wrote (26553)8/2/2000 10:18:18 AM
From: Paul Shread  Read Replies (1) | Respond to of 42787
 
I think the Dow might have broken the inverse H&S to the upside in the 60-min. charts. Problem is, the neckline is so screwy I couldn't give you an upside target. However, a move to 10,850-10,875 does not seem out of the question here. Oddly, despite the diamond pattern, the Dow has been the best-looking technically of the major indexes the last two weeks. The SPX and COMPX still seem to be forming bear flags or pennants here in the 60-min. charts.