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

To: adcpres who wrote (30273)	9/19/2000 4:54:06 PM
From: Paul Shread	Read Replies (1) \| Respond to of 42787

I assume JBL reporting in-line won't help the semis.

To: adcpres who wrote (30273)	9/19/2000 6:58:36 PM
From: UnBelievable	Respond to of 42787

Today was more Bull Chit than Bullish. Yesterday $COMPX fell under the 5/24 and 8/3 bottom trend and landed on the May 2, 2000 gap for support. Today was a rally back to support, now resistance, very usual. The bottom of that gap is real attractive. Yesterday $SPX fell into the gap of June 2 and went a little below the bottom of the gap and the 200 SMA. Today's rally was capped by the top of the gap which is now resistance. $OEX looks terminal. $NYAX got support from the low trend line drawn from 2/28 and 7/28, but not before putting the first stick through that line. Today's close of 661 is well below the 50 SMA of 664 which is about in the middle of yesterday's black candle. $INDU put in a black Doji right in the apex of the symmetrical triangle it had escaped August 14, and right under the 200 SMA. If you want to know the future look at $TRAN.