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


To: Chris who wrote (39575)12/29/2000 10:17:06 AM
From: Paul Shread  Respond to of 42787
 
INDU has strong resistance at 10,900, the top of a 600-point triangle. If you ask me, my best-case scenario for a January bottom is a retest of 10,300/1250/2300. My worst case is 9700/1200/2000. I don't like what I see. I think knee-jerk January effect buying is masking a lot of weakness, with the caveat that I sure would like to be wrong.