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

To: Paul Shread who wrote (36298)	11/24/2000 1:26:14 PM
From: eichler	Respond to of 42787

Todays' gap on $compx is intraday only, not on daily chart. Also, gap on upside from 11/20 around 2950-2970 aprox, daily charts and intraday. We could continue up next week, fill the up gap, then turn back down. The gap above sits around the 50% retrace up from 11/15 high to 11/21 low. Current downtrend line on 60 min chart (short term) would allow for a move up mon to the gap without breaking the current short term 60 min downtrend line. If we hit that mon I unload the rest of my longs from Wedes. If we continue back down, I start looking for downside targets to load up again. If we break to the upside, I start looking for short candidates. Should be interesting what gets filled first.