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


To: donald sew who wrote (34622)11/2/2000 1:04:26 PM
From: Paul Shread  Read Replies (1) | Respond to of 42787
 
I think the NDX has a much cleaner pattern, with a lower trendline at 3200-3250. Interesting that ORCL is tanking today.

Agreed that an upside break would be pretty gosh darn bullish. ;-)



To: donald sew who wrote (34622)11/2/2000 1:18:34 PM
From: Paul Shread  Read Replies (2) | Respond to of 42787
 
I'm getting very odd signals from the market: the Dow looks like it's going to 11,400; the SPX looks like it could rise for some time but eventually return to 1300; and the Nasdaq looks like it could drop imminently. My best interpretation of all that is that the Nasdaq could have significant lower lows in the weeks and months ahead, while the Dow may find favor as a safe haven.