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

To: StockOperator who wrote (38967)	12/22/2000 6:36:13 AM
From: macavity	Respond to of 42787

SO I agree. I look at the market (NDX/COMPX) then I look at the stocks. When I have looked at the stocks over the past few days I have always got more pessimistic. SOX is looking to 'test' its Nov2000 low. The stock charts here look bad, BTK/BBH is testing the trendline support of what could be a bearish flag. My point (like yours) is that the NDX normally follows these 2. They are at supports, but they do not look as if they are going up. Yes they may bounce and we may get the rally - but WATCH OUT BELOW if they dont. I am flat here and I (like everyone) have been waiting for the rally as well but I need to see a good reversal (in stock charts esp) to suck me in. If I miss it, so what I will sell it when it gets o/bought. Yesterday was only good for the large caps as the breadth figures confirm. - macavity