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

To: Galirayo who wrote (35235)	11/9/2000 6:02:34 PM
From: donald sew	Read Replies (2) \| Respond to of 42787

Ray, The 2 positive divergences previously mentioned are still there with todays retest of 3000 on the NDX. The NAZ NEW LOWs were only 190 and the MACD did create a HIGHER LOW. Technically, I feel that the bounce started today off of the intraday lows and still has more upside. Subjectively the election issue may skew things, since if we get even slight news in favor of GORE, the market may react negatively. This bounce needs to take out the upper trendline of the DESCENDING TRIANGLE(around 3300). If not, then another retest of 3000. How many more retests can the support line at 3000 hold up?