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


To: OX who wrote (33590)10/19/2000 10:27:37 AM
From: Paul Shread  Respond to of 42787
 
New economy stocks look very strong here, old economy stocks look neutral to weak. I had some bullish divergences on the NAZ and ISDEX (Net stocks), but got nothing of that sort on the INDU (although IBM accounted for almost all of yesterday's Dow loss). SPX had flat indicators, while some of the Dow's actually declined (CCI and MACD for two). So the volume is in line with what I see here - a bottom on the NAZ, with the possibility of a retest on the Dow and S&P, as Don mentioned last night. Looks like February-March again.