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


To: James Strauss who wrote (29377)9/8/2000 2:30:48 PM
From: dennis michael patterson  Read Replies (2) | Respond to of 42787
 
Some supports have held (e.g., 121 on SUNW) But it looks pretty heavy out there.



To: James Strauss who wrote (29377)9/8/2000 3:03:49 PM
From: donald sew  Read Replies (2) | Respond to of 42787
 
James,

In no way is my system conventional, since I developed myself, and I have never been accused of being conventional my whole life.gggggggggggg If you knew me, you would agree.gggggg

My short-term system, specificly, is much more based on time, when almost all systems are linear(price movement). Hypothetically, if the NDX was to drop another 300, 400, 500,etc points today - as long as it closes today at/near the lows, my system would still be calling for a bounce on MON, latest TUE.

My longer-term systems are more conventional and linear in their approach.

So even if your supports of 3840 and 3750 are broken, as long as we close at/near the LOWs I am still expecting a bounce Mon/latest TUE.