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

To: Jan Crawley who wrote (32386)	10/10/2000 11:02:57 AM
From: donald sew	Respond to of 42787

Jan, Capitulation in the SOX may be under way. Its down 75 points already. I see various supports for the SOX in the 650-500 region. Im NOT saying that the capitualation in the SOX is over, just that it may be in the process and could still last longer. The NDX is down more than double the NAZ.

To: Jan Crawley who wrote (32386)	10/10/2000 2:51:43 PM
From: donald sew	Read Replies (2) \| Respond to of 42787

Jan, INTC - per my weekly analysis, I have a CLASS 1 BUY signal. Per my short-term analysis, I have a CLASS 2/borderline CLASS 1 BUY signal so far for today. Its close to a short-term bottom. Noticed significant horizontal support around 35, and lots of horizontal support in the 26-35 range. As for the future, and for those who like MOVING AVERAGE CROSSOVERS, the 50 DMA has already crossed the 200 DMA on the SOX/NAZ/NDX. In other words, although the HiTECHs should start to bounce soon, I dont think the selling is over for the mid/longer-term