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


To: Nathan who wrote (29569)9/12/2000 3:16:10 PM
From: dennis michael patterson  Read Replies (1) | Respond to of 42787
 
Carpino has 3610 NDX as major support. He expects that IF we bounce, it will be there. (But if we go through that, it's over.)-- this second opinion is mine, not C's



To: Nathan who wrote (29569)9/12/2000 3:34:18 PM
From: donald sew  Respond to of 42787
 
Nathan,

>>>> "If the NDX closes here(down 17), thats an INVERTED
HAMMER/GRAVESTONE DOJI which is a hint of a possible reversal for tomorrow." You mean a reversal back up?? <<<<

But dont forget that if the NDX closes negative and worse if at the lows, I will also be getting a NEGATED CLASS 1 BUY SIGNAL, even though it may be an INVERTED HAMMER.

Since Im HEDGED and in cash, I will initiate a USPIX position(short-NDX) if the the NDX closes NEGATIVE. SO Im watching - THE NDX just went positive slightly. Got to go and get ready to pull the trigger if I think the NDX will close negative.