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


To: minorejoy2000 who wrote (31313)9/27/2000 4:14:27 PM
From: Paul Shread  Read Replies (1) | Respond to of 42787
 
Ralph Bloch said 3600 was key. That's good enough for me.



To: minorejoy2000 who wrote (31313)9/27/2000 5:18:01 PM
From: donald sew  Respond to of 42787
 
minorejoy2000,

A break of 3600 on the NAZ is not good and implies further downside, but keeping it simple I would call a breakdown until an important LOWER LOW is produced. So the LOWs of AUG around 3500 for the NAZ and 3350 for the NDX are key for me.

If the NAZ was to break below 3600 it would produce a lower low, but the KEY low is 3500(AUG lows).

For now Im still holding onto my position of a trading range. Some may argue that 3600 is key and they could be right. Im using 3500, which is still close