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

To: James Strauss who wrote (29435)	9/11/2000 10:28:35 AM
From: Paul Shread	Read Replies (1) \| Respond to of 42787

The NDX and COMPX found support at their old March downtrend lines/upper symmetrical triangle boundaries. A good place for at least a little bounce. An interesting quote from StockCharts.com: The Nasdaq 100 ($NDX) ... surpassed its July high with the highest weekly volume in a month ... but the Composite index failed to record a new high, making for a Composite/100 divergence. A very similar divergence occurred in Mar-00, when the Nasdaq 100 recorded a new all-time high on 24-Mar at 4816 and the Nasdaq Composite failed to confirm.