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

To: Paul Shread who wrote (37927)	12/12/2000 6:49:46 PM
From: AllansAlias	Read Replies (2) \| Respond to of 42787

The top of the COMPX channel you speak of is very approximately around 3120 this week. From a clowns post yesterday: geocities.com

To: Paul Shread who wrote (37927)	12/12/2000 7:11:40 PM
From: eddieww	Read Replies (2) \| Respond to of 42787

Beats me. I can't find any reasonable way to draw a lower TL from 1990 that comes anywhere near 2200. On my log chart there is a distinct bend upward in '95 that forces a choice of data points either before or after. I'd just have to see it, I guess. A TL beginning at the low of Oct. '90 and ending appr. 2200 leaves most of '94, '95, & '96 below it, from what I can see. Reference to a "trading channel" would seem to imply some sort of parallel lines? I guess I would have to know the basic rules of drawing one.

To: Paul Shread who wrote (37927)	12/12/2000 7:55:29 PM
From: Chris	Respond to of 42787

just wanted to say hi to everyone. not doing much.. waiting for the president election to be over.. I have good buy setups here and there, but im awaiting the election results first. (all short term timeframe) did a trade on exds couple days ago... looking at arba as well.

To: Paul Shread who wrote (37927)	12/12/2000 9:27:27 PM
From: Trading Machine	Respond to of 42787

Paul, FWIW I have the NDX down trend line at 2934, if we make it through that then we have a pretty "easy" run up to 3489 which is the 62% fib value that I have. Since this mother is to a great extent news driven I just don't know how to assess the probability of all this happening. I am 100% long and treat it day-by-day. If it breaks my uptrend line to the downside then I bail out, but for the short run I have to treat is as an uptrend market. As soon as the SUpremes rule we will know something, I am just betting that the Bushy boys win. (I am not an advocate of either side, just placing a logical bet) Have fun! and make lots of money! CU Paul K.