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


To: Chris who wrote (34878)11/6/2000 12:27:52 PM
From: Paul Shread  Respond to of 42787
 
ORCL seems to be breaking down out of a rectangle between 30 and 37; should go to 23.



To: Chris who wrote (34878)11/7/2000 4:09:29 AM
From: Berney  Read Replies (2) | Respond to of 42787
 
Dude, That comment is worthy of a Nobel prize in Economics!

I do not jest!

I don't contribute often, but I enjoy your observations.

I long ago stated that the only aspect of our economy that I saw as inflationary was the fed raising rates. Sixteen months later we note that they may have created the damage that they intended.

I don't pretend to foretell where Mr. Market is going; but, I urge some to consider that the OEX weekly just broke a really nasty down trend line. If, as always, this holds, the direction is UP. Now, the next decision is not the direction but where UP ends. Do we get a higher or lower high?

Then again, we could make it much more complex!

Just an observation for those that may be interested.

Berney