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


To: Paul Shread who wrote (37671)12/8/2000 1:59:22 PM
From: eddieww  Read Replies (1) | Respond to of 42787
 
Thanks Paul: Interesting that the upVolume/downVolume is running 5/1 while compx has been trading mostly sideways since the open.



To: Paul Shread who wrote (37671)12/8/2000 2:00:43 PM
From: Laura E.  Respond to of 42787
 
MCTR is starting to look good



To: Paul Shread who wrote (37671)12/8/2000 2:25:24 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 42787
 
BREAKOUT!!



To: Paul Shread who wrote (37671)12/8/2000 2:53:39 PM
From: donald sew  Read Replies (2) | Respond to of 42787
 
Thanks to all for the well wishes for my mom.

Just got back for a few minutes, but will have to leave again.

Quickly, Today is quite bullish. BTK and SOX breakout are significant positives. The NAZ NEW LOWs are still improving on a relative basis.

If the NAZ/NDX closes at/near their highs, my short-term technicals will be in the overbought/CLASS SELL territory, so today/MON should be a fair/good time to take short-term profits. Im not suggesting any short play though, but this forthcoming dip should be bought.

I am still not eliminating the possibility of some sort of a retest, but it should be a successful retest in the NAZ/NDX if a retest occurs.

Im more positive on the NAZ/NDX in that either an important bottom or that it is closer to a bottom than the DOW. If there is more downside in the future, I believe the bulk of it will be with the DOW, not the NAZ/NDX. So overall, Im more bullish/less bearish on the NA/NDX.

For my personal account I actually had a strong upside bias going into today as with our website account which has the upside bias in the ratio of 4:1. Will be taking some profits today, but not all.

Sorry, that I have been unable to respond to any posts, and may not be able to until earlly next week..

got to go

seeya