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

To: Haim R. Branisteanu who wrote (30909)	9/24/2000 7:09:57 PM
From: donald sew	Read Replies (1) \| Respond to of 42787

Haim, Although I am now biased to the long side, I am only slightly biased to the long side(15% long & 10% short). Im still holding onto my position that the upside is limited and for now. If the forthcoming rally is unable to take out 4150 region on the NDX, that would still produce a LOWER HIGH, if it gets that high. If the NDX is unable to exceed 3850 it would form a more significant LOWER HIGH since that would mean it was unable to take none of the 2 previous peaks(4150 or 3850). Although I am slightly biased to the upside, it would not surprise me if tomorrow closes either flat even down. Im starting to notice a high level of confidence from some bulls towards the market, bordering cockiness which may be a contrarian indicator. Who knows for sure, I dont.