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


To: Paul Shread who wrote (30498)9/21/2000 12:01:16 PM
From: donald sew  Read Replies (2) | Respond to of 42787
 
Paul,

>>>> I've been looking at the Dow and SPX charts today and both indexes look pretty cooked here <<<<<

The SPX is down 10 right now, which means that for now it is confirming the break below the MAIN TRENDLINE from the OCT 1998 LOWs which occured yesterday. Thats just not good.

The break of that IMPORTANT TRENDLINE is not being mentioned much, but to me that is a very important issue and to me that has a lot more substance than a one or 2 day strong rally in the NAZ. I may be wrong.