Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: donald sew who wrote (31953)	10/4/2000 10:35:52 AM
From: donald sew	Respond to of 42787

The NDX is right now positive up 13. If it closes here it would form a PERFECT HAMMER, and a white hammer. I think the rally may have started in the NAZ. We may still get a intraday pullback, but I feel that the intraday lows on the NDX of 3291 should hold.

To: donald sew who wrote (31953)	10/4/2000 10:46:12 AM
From: Paul Shread	Read Replies (2) \| Respond to of 42787

Don, The Dow formed similar support across the Oct. 98 lows, the March low of 9732, and then the recent low of 10,575. Seems to me the COMPX could do it too. I agree that the NDX is more problematic, but then that index has really gone vertical compared to everything else. Back in October 98, the Dow and COMPX found support at their Nov. 94 trendlines, but the SPX never came close to touching its Nov. 94 trendline. FWIW. How are your weekly signals so far? Paul