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

To: bobby beara who wrote (29095)9/5/2000 7:44:48 PM
From: dennis michael patterson  Respond to of 42787
 
>>ok, don i joined the bears today, that wedge looks tantalizing to a hungry bear -gg-<<

just when the long side started looking good, you go and jump. ain't it always like this?



To: bobby beara who wrote (29095)9/6/2000 12:15:03 AM
From: donald sew  Respond to of 42787
 
Bobby,

Those ABANDONED BABY and EVENING DOJI STARs are also hints that there should be further downside.

The NDX has alot of horizontal support around 3800 and which is where the 50 day and 200 day moving averages are also near, so I suspect that 3800 should hold for this short-term downswing if it gets that low.

Wondering if we are going to see SECTOR ROTATION from the NAZ into the DOW, where the NAZ continues to drop while the DOW either remains flat or moves up.


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