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

To: Paul Shread who wrote (36308)	11/24/2000 2:32:11 PM
From: adcpres	Read Replies (1) \| Respond to of 42787

<EDIT> Paul: Possibly we will continue within the wedge for a few days more before breaking out. I just don't have a good feel. Today could certainly have been a bear rally with more downside Monday as we approach the apex. What do you think?? GH PS I am trying to decide if I should take up a short position in AH trading. Looks dangerous unless bad news from the election battle surfaces over the weekend.

To: Paul Shread who wrote (36308)	11/24/2000 3:33:44 PM
From: donald sew	Respond to of 42787

Paul, As you mentioned the "3-WHITE SOLDIERS" on the DOW is still holding. Unfortunately, they did hold on the BTK. BAD,BAD,BAD Soldiers. ggggggggg Nice report. That downtrendline(upper trendline of BULLISH WEDGE) is getting close. Eyeballing it, I got it around 2880 on MON, and 2850 on TUE(dropping at the rate of about 30 pts per day). If it breaks thru that trendline, even just intraday, I will let the majority of my long position run. If it stalls around/under that trendline, I will close the majority of my position or hedge it. Unless there is bad news over the weekend, I think there might be some follow-thru, if its only intraday. If the NDX runs up on significantly on MONDAY intraday but sells off the majority of the intraday gains, Im out. If Monday is FLAT, and the intraday high was not strong, then I will play for the 3-DAY PATTERN. seeya