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

To: Paul Shread who wrote (37979)	12/13/2000 3:31:21 PM
From: donald sew	Read Replies (2) \| Respond to of 42787

Just got back for a few minutes, and noticed 2 negative formations, in case they havent been mentioned yet. One is a BEARISH WEDGE on the NDX which broke to the downside, and the other is a BROADENING PATTERN on the SOX which appears to have also broke to the downside. They are best seen on the 60-min charts. These are hints that some sort of a retest may be in the process, since my short-term technicals are only in the midrange implying that there is still more potential downside, whether it comes immediately or by ZIG-ZAGGING.