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


To: Paul Shread who wrote (36026)11/21/2000 10:51:55 AM
From: donald sew  Read Replies (2) | Respond to of 42787
 
Paul,

>>>> Looks like COMPX is breaking down... Could still find support at NDX 2742 <<<<

They are trying to rally the market some, but Im a bit suspicious of this intraday rally. Subjectively, one problem I have with a significant reversal starting now is that it is common during downtrends, that my short-term technicals, at least, get to the CLASS 2 BUY levels if not to CLASS 1 BUY levels before reversing. Its very common for that to occur.

So Im not buying into this rally just yet. On the other side the 2742 support on the NDX has held so far.

seeya