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


To: donald sew who wrote (28223)8/23/2000 9:56:02 AM
From: Paul Shread  Respond to of 42787
 
In the hindsight is 20-20 department, the NDX sold off right at the juncture of its downtrend line and rising wedge yesterday - these have been perfect shorting opportunities as of late. The SPX also reached that point yesterday, but pierced the downtrend line somewhat. The NAZ turned back at a similar juncture at 4289, and came up a little bit short of the downtrend line yesterday. Chance favors the prepared mind. ;-)



To: donald sew who wrote (28223)8/23/2000 10:22:44 AM
From: Paul Shread  Read Replies (2) | Respond to of 42787
 
I've got downside on this move to about 1450-60 on the SPX. The wedges broken weren't that big.

Inverted H&S on Gillette, if anyone wants a safe play.