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

To: Paul Shread who wrote (34672)	11/2/2000 7:48:46 PM
From: adcpres	Read Replies (1) \| Respond to of 42787

Paul, seems like the NDX apex is very close to the close tomorrow at about 3350 with a range at the open of about 3280-3340. Seeing that we closed at 3308, the trading range for tomorrow is squeezed tightly and tightens as the day progresses. The market is unlikely to follow this behavior which means there will probably be a break. Have you any recollection of a similar day when there was such a well defined rising wedge with its apex falling within the following day of trading and how it played out? Also tomorrow being Friday might mean some profit taking going into the weekend. Possibly we may have a slight gap up on the open followed by selling? WHAT DO YOU THINK? GH

To: Paul Shread who wrote (34672)	11/3/2000 10:47:11 AM
From: Galirayo	Respond to of 42787

Wedges ... Thanks again Paul ... I'll keep a look out for that. I'm waiting for the EOD candle to see what it reveals. The COMPX is creeping up on that 34dma. The Faster MAs should come into play and help push it through. The most recent 60 Minute Candle is white and in Harami on much heavier volume. It went up to touch the 34 near 3447 on the open. The SAR looks to be at or near 3463 today. I'd like to see a SAR Trigger today with a brief rest .. a day or 2 .. to gather steam for the 50dma try. prophetfinance.com Edit ... Do I get my wish ?? I think maybe .. just a point or so away as I Edit. Ray