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


To: Chris who wrote (29656)9/13/2000 10:03:30 AM
From: Paul Shread  Respond to of 42787
 
Yeah, I was debating going long the QQQ here. Maybe one more test of the trendline will do it. No reason for it to break here - thanks to INTC booking profits in MU, they won't have to warn. <ggg>



To: Chris who wrote (29656)9/13/2000 10:25:13 AM
From: Paul Shread  Read Replies (1) | Respond to of 42787
 
These trendlines - March downtrend, May uptrend - have been good for quick bounces so far, but that's about it.



To: Chris who wrote (29656)9/13/2000 10:30:34 AM
From: donald sew  Read Replies (1) | Respond to of 42787
 
Chris,

The NDX bounced nicely off of the 3600 LOWER TRENDLINE of WEDGE(got as low as 3610 - close enough), and now its 100 points above, which is normally a good sign and a hint that the bounce has started. I also said that either yesterday or the day before. gggggggggggg

I would like to see some sort of a retest first - frankly Ill rather wait till the end of the day. ggggggggg

Agree, the rally started early, too much time left before the close.



To: Chris who wrote (29656)9/13/2000 10:44:24 AM
From: sidney-8  Read Replies (1) | Respond to of 42787
 
Is that a cup 'n handle on nsm (daily chart)? It looks like it could really move up, after the retest. I'm guessing we retest and then get a 2pm mega ramp... or push on through to the other side. Holding shorts til then (or 'til I chicken out).

mike