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


To: James F. Hopkins who wrote (37428)12/6/2000 9:51:09 AM
From: donald sew  Read Replies (3) | Respond to of 42787
 
Jim,

Something that I did not mention in todays index update is that per our DIVERGENCE INDICATOR(short-term), there is a minor POSITIIVE BIAS. Its not a FULL-FLEDGED POSITIVE DIVERGENCE, but it is still hinting of bullishness for the NAZ. The DOW and SPX are neutral per this indicator.

Nevertheless, I am coming to a short-term top. With the NDX up 34 right now, I just got a CLASS 2 SELL signal, so if the NDX continues up I would get a CLASS by tomorrow. Of course it would still reverse downwards today since it is in CLASS SELL territory.



To: James F. Hopkins who wrote (37428)12/6/2000 10:11:37 AM
From: Stephen  Read Replies (1) | Respond to of 42787
 
James .. I took my .75 point profit on the Q short - LOL. Actually ... I traded SONS ... FNSR ... SUNW ... GLW ... and guess what ... there still seems to be selling into strength ... and on the more thinly traded ... they just shot up at end of day as buyers wanted to get 'something'... I sold my longs and am flat ...

Reagrds

Stephen