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

To: AllansAlias who wrote (37974)	12/13/2000 10:14:56 AM
From: Paul Shread	Respond to of 42787

Sounds like Gore will concede tonight...

To: AllansAlias who wrote (37974)	12/13/2000 10:17:40 AM
From: Peace	Read Replies (1) \| Respond to of 42787

You can interpret the waves as ABC down with A and B having 5 waves each. That looks very clear to me. If ABC marks the full corrective pattern then we should see a resumption of the bull market to new highs. Now it is possible that this ABC down is just an A and still needs to be followed by B and C. In that case you should still see a B wave going to say 3900 on the NDX (fib target) followed by a C to new lows before finishing the corrective pattern.

To: AllansAlias who wrote (37974)	12/13/2000 12:10:27 PM
From: JRI	Read Replies (1) \| Respond to of 42787

Did we hold the previous Nasdaq/NDX peak this morning (when down -60)....creating a similar pattern to the 1st pop (ie, big up day, 2 days lower)...higher highs/higher lows still in place right? So, if pattern holds, -60 should present a good buying op, for we should see a strong run the next couple days... I would think if we break the previous peak on the downside (strongly)...that would give concern to recent bull leg up... Everyone still thinking that market will finish options ex higher? Also, it would seem to me that next Tuesday (before Fed) we should be higher than today, so I'm looking to buy...hopefully at retest of -60... Also, SOXX went nicely down to 610 and held...haven't checked in last 10 minutes, but if we hold that level, and Naz turns around, I'd think 655 will be tested again.. comments anyone? Also, if you got any clear up tech plays, would appreciate tips here..