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

To: donald sew who wrote (28491)	8/27/2000 9:17:26 AM
From: Casaubon	Read Replies (1) \| Respond to of 42787

As long as the market continues to confound many by remaining in a trading range, and not slip back into bear mode, there is plenty of opportunity to pick some strong growth companies which have broken out of bases. These stocks will give strong results unless the market cracks. Then, only shorts will win. My guess is that growth will fair better than "value" in any scenario except over the very shortest of timeframes.

To: donald sew who wrote (28491)	8/27/2000 1:13:24 PM
From: UnBelievable	Read Replies (2) \| Respond to of 42787

Not All Threads Are Totally Bullish - Check NXTV Although there seem to be a number of people ready to buy the dip. Which is this case may not be a bad idea. Here is a really sad story. messages.yahoo.com BTW - Great Site. I have it bookmarked and plan to register.

To: donald sew who wrote (28491)	8/27/2000 4:42:24 PM
From: ken-l	Read Replies (2) \| Respond to of 42787

hi don - re: compx just have the time to read your post for the first time since i joined SI a week and a half ago; actually, just have the time to read messages on this thread !! nice analysis, don <G> !!! in addition to what ya posted, may i say something regarding the wedge formation and the overall trend of the compx ?? the rising wedge formation is indeed a bearish signal; and if broken, it could be a 61.8% retracement from its short term top @4289 <which should bring it lower to the previous lower gap support @3519+/-> !!! however, this is my opinion ..... there is a good chance that the reversal might be negated !!! although it printed the reversal signal ‘doji star pattern’ as of the close on Friday <on a weak volume, by the way>, internally, the compx has been improving <new high beat out the low, and advancers beat out the decliners> !!! plus i wouldnt ignore the fact that it did brake out from the long term symm trig on Thursday; thus, it still needs a confirmation for the current intermediate term trend reversal !! I wouldn’t be bearish just as yet, just taking a precaution since it did print the doji reversal signal !!! i'll be keeping an eye on the long term down trend line <the upper trend line of the sym trig> and the lower up trend line of the rising channel <also could be considered as the lower trend line of the fork formation> which ought to be at 3980+/- !!! since that particular trend line <the lower up trend line> is 1/1 bullish 45 degree gann angle, it should provide a strong support early next week !!! the reason for the 1/1 gann being a strong support will be further discussed on the last paragraph since it also involved the trend lines support !!! on the other hand, should the compx negate its reversal pattern and ascend further on Monday, i'll be keeping an eye on the Friday’s high @4083 <4080 is the trend line resistance, by the way> !!! then, the long term fib retracement and the overhead trend line resistances after 4080 ought to be @4107, 4185, and 4290 respectively !!!! in addition to those trend line supports and resistances mentioned, the following is the short/intermediate terms fib’s retracements <providing that compx wont make new short term high> : - 3989 - 3950 - 3931 - 3884 - 3868 - 3837 - 3802 - 3735 if you look carefully at the gann line and all of the trend line supports <the lower band of the fork or the lower band of the rising channel, the long term down trend line that form the sym trig, and the horizontal trend line>, they are all lining up with the 23.6% short term support and the 200dma @3980+/- <23.6% retracement @3989, and 200dma @3971>; thus making the support to be a very strong one indeed !!!! therefore, like ya mentioned in your post, i'll pay a very close attn to that strong support. If it’s broken, we ought to be heading lower to 3837 or 3735 area !!! on the other hand, should the strong support @3980+/- hold and rebound, I suspect that it might be a rally up to 4290 in the short term basis where it'll be dealing with another strong resistance !!!! all in all, it’s only my humble opinion, and what the heck do I know !! regards, auto

To: donald sew who wrote (28491)	8/28/2000 4:28:22 AM
From: Arik T.G.	Read Replies (1) \| Respond to of 42787

Don, You're expecting a small pull back, but even a small pull back will break all the bearish wedges to the downside, and imply further weakness. OTOH a run up today will negate the Class sell signals AND break the wedges to the upside. Today looks to be an important day and one should follow today's trend. ATG

To: donald sew who wrote (28491)	8/28/2000 8:16:34 AM
From: allen menglin chen	Read Replies (2) \| Respond to of 42787

DOW 25,000 by 2005, 50,000 by 2010 :) Message 14273558 by AXXEL

To: donald sew who wrote (28491)	8/28/2000 9:28:21 AM
From: Paul Shread	Read Replies (1) \| Respond to of 42787

The chart pattern on the COMPX is indicative of a possible secondary top here: we have a H&S (4073, 4289, 4083) at a downtrend line, with the right shoulder reached in a rising wedge, and a doji formed at the right shoulder. The shoulders are at the 50% retracement points and the head at the 62% level, so we never resumed the uptrend in Fibonacci terms (above 62%). It not only looks like a short-term top, but a good set-up for a bigger sell-off. It's also a clearer peak that the COMPX's April top. I don't know how to measure the neckline here (would like to hear feedback on that), but it looks like 4000 could easily become a distant memory here similar to 5000. Besides, everyone is saying 'up.' There is no wall of worry to climb. Internals are improving, but the charts look pretty bearish here. Does that do it for you, DMP? ;-)