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

To: Chris who wrote (27077)8/8/2000 11:09:25 AM
From: AllansAlias  Respond to of 42787
 
Yes Chris, I believe that this is the lower line that Paul was referring to in his converging (wedge) lines for the composite.

I follow the NDX much more than the COMPX and the line in question is the battle line as I type. Looking soft at the moment.

--Allan



To: Chris who wrote (27077)8/8/2000 11:12:11 AM
From: AllansAlias  Respond to of 42787
 
SOX now in giving mood...

On s-t SOX, say, 10 min or less, look at the flag/channel we have been in since yesterday. For lower line, connect yesterday's afternoon rising lows to this morning's lows.

We have fallen out of the flag now. Next s-t test is 950 area.

--Allan

ps: That fell pretty easily. Mini-futures coming up on test of yesterday's aft' low? Will SOX bounce off 945 (Yesterday's aft' low? Could form a decent intraday H&S if so.


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