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


To: dennis michael patterson who wrote (29450)9/11/2000 1:40:28 PM
From: donald sew  Read Replies (1) | Respond to of 42787
 
The NDX has given up a little more than 1/2 of its intraday gains, which many may consider being quite bearish. However, if the NDX does not lose any more and closes at this level, then that would for a DOJI, and still in line with a reversal to the upside.

Lets say the NDX does close with a DOJI, on a subjective view, this rebound doesnt appear to have the UMPH that other rallys have started with. That doesnt mean that it wont rally, but may support my belief that this rally may not be that strong which would produce a LOWER HIGH.

I still feel it is tradeable to the upside if one is nimble, but holding on to my position that there may only be a slight incline this week, with ZIG-ZAGs as we already started seeing today to a small degree.



To: dennis michael patterson who wrote (29450)9/11/2000 2:35:14 PM
From: bobby beara  Read Replies (2) | Respond to of 42787
 
dennis, the bulls so far haven't taken control and if we close negative today csco would close below it's rising trendline, i've gone back to flat.