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

To: donald sew who wrote (39890)	1/3/2001 9:27:57 AM
From: Paul Shread	Read Replies (1) \| Respond to of 42787

I'm getting a lot of positive divergences on the COMPX: stockcharts.com[H,A]DACLYYMY[PB50!B200!C20!D20,2][VC60][IUD20!LF!LL14!LB14!LA12,26,9!LH14,3!LC20!LE12,26,9!LG] Given the huge divergence in new lows (170 this time vs. 900 last), a turning point shouldn't be far away. If nothing else, beaten-down techs (read chips and PCs) may be becoming the place to hide. A measured bear move will be completed at 2199 COMPX. While the flag/pennant broken on Friday gives the index downside to 2000, I can't see us going lower than 2170-2199 without a significant (1-3 months) consolidation/counter-trend rally. Will be buying HWP and ADCT here. INTC not a buy until 27; I may miss that one, but it's close. Heck, even CSCO is getting close; I have a buy on that one at 23 1/2. ;-) If the Fed cuts intermeeting, I'll be buying big-time. That will become The Bottom, IMHO.

To: donald sew who wrote (39890)	1/3/2001 9:56:27 AM
From: Terry Whitman	Respond to of 42787

Sure, there could be a substantial oversold bounce rally at any time here, Don. Also could be a flush. I'm playing it safe, and only hitting strong value stocks with bullish chart patterns, and am not betting the house. I see that you're mostly cash too. I think we could be seeing Phase 3 of the Bear at the present. The bluest of the blue- GE, IBM, WMT, etc. are now taking some lumps. That generally signifies the final phase of a bear market. Of course it IS a NEW ERA, right. <g>

To: donald sew who wrote (39890)	1/3/2001 10:01:32 AM
From: Chris	Respond to of 42787

trade update: 30 min chart close to buy signal. ndx/djia not a rec. to buy or sell.