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


To: James F. Hopkins who wrote (32370)10/9/2000 9:48:32 PM
From: donald sew  Read Replies (2) | Respond to of 42787
 
Jim,

>>>> Now how can you have any bottom and be above the 50 DMA ? Where in the hell does CNBC get thier experts <<<<

I dont want to get into a big long discussion on conspiracy theories, but have you ever noticed that the big firms seldomly base their positions on TA but its the smaller firms which has the majority of TA analysis on CNBC.

Im positive, that all the big firms have strong staffs of technical analyst but seldom do we see them. Ever wonder why. Those big firms have plenty of money to get the best statisticians/mathematicians, and they probaby do.

seeya



To: James F. Hopkins who wrote (32370)10/9/2000 10:15:23 PM
From: Dan Duchardt  Read Replies (1) | Respond to of 42787
 
Jim,

The strongest rallies allway happen after the 50DMA is south of the 200 DMA, we didn't really get that in May, but we got it now.

I see that for the Nas (& SOX), but not for DJI, SPX, OEX. Do you think that suggests the Nasdaq will lead the market out of this well?

Dan