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

To: bobby beara who wrote (39202)	12/23/2000 10:55:00 PM
From: NucTrader	Respond to of 42787

Hahn's update: >>This page was updated on: Saturday, December 23, 2000 2:57 PM The first trading day after Christmas promises to be very interesting. Daily and intraday time cycles point to Tuesday, December 26 as a trend change day, and I'm worried that a higher Nasdaq market on Tuesday will be aggressively sold. The best scenario would be for a weaker NASDAQ on Tuesday, December 26 that doesn't plunge below critical support levels. There may be margin call liquidations lingering from the Wednesday, Dec. 20 plunge. NASDAQ does not have much air under it, but, the DJIA and SPX are looking precarious, with many key components in overbought condition. In theory, a relatively strong SPX and DJIA on Tuesday should be shorted. A relatively weak NASDAQ on Tuesday should be bought. Important note: I'm not very interested in shorting stocks right now because of the potential for a strong bear market rally, especially in NASDAQ <<