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


To: eichler who wrote (35885)11/18/2000 1:40:04 PM
From: eichler  Read Replies (1) | Respond to of 42787
 
xocharts.com

Pop or Drop?
$64,000 question...



To: eichler who wrote (35885)11/19/2000 1:34:55 PM
From: bobby beara  Read Replies (3) | Respond to of 42787
 
well, e you know the one element missing from my sentiment pikture is my front page spread on the times about the stock markit slide, and damm why don't those rydexers buy more arktos, the mita thread tracks rydex flows daily.

so now we in a nas consolidation phase like the one that lead to the drop in early october, from an elliot perspective the nas could have finished an abc corrective rally on 10/20 - thats when everybody an his brodda went on a buy signal -g-, if thats the case the snap back from last monday could have been wave 4 of some overlapping ending structure with another leg down after we consolidate for a bit, but there are other ways to count it, including the bottom last monday being IT.

stockcharts.com[L,A]DACAYYMY[DE][PB50!B200!A2580!A2330][VC60][IUB14!LA12,26,9]

i think the ndx needz to give up all that no support spike off oct 99 lows before we hit bottom, so another leg down into that support zone i have marked with horizontals should do it and complete five waves down from the sept high and set up what i believe will be a bear market channel using the trendline off the jan may lows and the march sept. highs.

that would also put sunw back at it's may lows, and put in the head of a possible H&S pattern.