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

To: Paul Shread who wrote (35069)	11/8/2000 11:21:19 AM
From: adcpres	Respond to of 42787

Paul: Should have put more faith in that wedge. Interesting how events lined up to support its resolution. COMP rate of decrease is approx. 66pts/hr at present. Not good. If this doesn't turn around soon, it will get ugly. GH

To: Paul Shread who wrote (35069)	11/8/2000 12:49:17 PM
From: eichler	Read Replies (1) \| Respond to of 42787

Hi Paul On the 60 min. charts... $compx, $dji, $spx. $compx has broken its' rising wedge (actually yesterday...today confirming direction), $spx looks like it's breaking its' wedge today, $dji is still working out its' rising wedge and should be following the others soon. Todays' $compx 60 min chart is currently working over the 38% fib retrace from 10/26 low to 11/6 high. 50% is around 3280. 62% is in low 3200's. I think this downturn will last until Fri. (perhaps a.m.). BWDIK Congrats on good observations lately with the rising wedges. regards, Eichler