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

To: Paul Shread who wrote (34605)	11/2/2000 10:46:21 AM
From: donald sew	Read Replies (2) \| Respond to of 42787

Paul, >>>> Gap filled on COMPX (3401) and NDX (3326). If NDX closes above 3326, I'd have to say the bottom is in on the techs, as the island reversal would be negated. <<<< Im really no expert in ISLAND REVERSALs, and frankly I compare them with the ABANDONED BABY per the candlestics. This ISLAND REVERSAL produced about a 300 point decline in the NDX; therefore I thought it was successful and a completed pattern. I didnt realise that it had a stronger and longer negative influence of the NDX.