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

To: Teresa Lo who wrote (30874)	9/24/2000 12:15:01 AM
From: Chris	Read Replies (1) \| Respond to of 42787

please continue to update us... very good information and beautiful charts. i thank you.

To: Teresa Lo who wrote (30874)	9/24/2000 7:54:59 AM
From: donald sew	Read Replies (2) \| Respond to of 42787

IntelligentSpeculator, Is that you Teresa??? Thanks for your commentary. I noticed your comments that HAMMERS are not reliable. Per my last index update I also mentioned a concern about those HAMMERs on Friday. >>>>> Although these formations are commonly reversal signs, such LONG LENGTH of the LEGs(shadows) have been signs in the past that the short-term rally is already nearing its limits, all in one day. Is it for sure of course not, but something I wont ignore. <<<<< In the case of the NDX, just the intraday rebound(lower shadow of candle) represents 64% retracement/rebound of the selloff from the 9/20 peak at 3810. It also already represents a 31% retracement/rebound of the selloff from the 9/1 peak at 4147. Alot of people only look at the closing price and forget about the intraday move. They are bullish that it moved up so much on FRIDAY but then discount the fact that it already moved up significantly where in the case of the 9/1 peak, the NDX is only slightly below the FIBONACCI 38% level already. Im guessing that if the NDX continues up, that the rebound on FRI is already representing 50% to 66% of this short-term rally. So basicly more than half of the rally is over. Theres a resistance area around 3850, and if the NDX cannot break it during this short-term upswing then I would be correct. seeya

To: Teresa Lo who wrote (30874)	9/24/2000 10:28:23 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 42787

Morning Teresa.. wonderful analysis on the indexs and markets... for such a young person, your thinking is awesome... i know because i cannot think of another individual i have learned so much from on the entire SI community..your willingness to help anyone is truly a gift... you trade the futures and stocks as good as anyone anywhere... more over i am flabergasted at your intuative thinking intraday as you move thru the markets trading each day...you "SEE" things in the real time charts "before they happen<G>" it simply amazing to say the least.. keep up the great insightful work...it's much appreciated... and thanks for all your help in making me a better trader.. my warmest regards OJ

To: Teresa Lo who wrote (30874)	9/24/2000 11:31:21 AM
From: flyeguy99	Read Replies (6) \| Respond to of 42787

Not a "hammer" on NDX, NDX opened at 3505 and proceeded to go up from there all day, qcharts has painted a hammer cause they used the previous days close as the open on the NDX for Friday which is NOT correct, look at the COMPX or QQQ chart in which this did not happen, it correctly put up a bullish engulfing stick on Friday, much like the one on 8/3, only problem I see is that it never reached Thursday's close. Great site BTW, Fly

To: Teresa Lo who wrote (30874)	9/24/2000 12:17:58 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 42787

Hi, how do I follow you a little more? thanks.