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

To: Paul Shread who wrote (31952)	10/4/2000 10:32:12 AM
From: donald sew	Read Replies (2) \| Respond to of 42787

If the NDX closes right here at DOWN 30 points, if would form a perfect SHOOTING STAR, which is commonly a reversal signal. I tried to form a new trendline for the NAZ, and the only one I could come up with is to connect the OCT 98 LOWs with the LOWs of 5/26(week). That line brings it to about 3350 for this week. This topic was already discussed and that trendline only has 1 junction point which makes it less valid. Also there is not a corresponding trendline in the NDX that is relatively close to that.