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


To: donald sew who wrote (28364)8/25/2000 11:31:41 AM
From: Paul Shread  Read Replies (1) | Respond to of 42787
 
I have the NDX/COMPX wedges reaching their two-thirds point at the end of next week, just about the time these patterns usually break down. Interesting that that corresponds with end of August/start of earnings warning season. I may bail on QQQ short and reenter after Labor Day.

Thanks to that phony EMLX press release, we could get a doji day if the market finishes unchanged. Maybe it reminded the market that earnings warning season is right around the corner.