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


To: JRI who wrote (40434)1/9/2001 1:43:59 PM
From: adcpres  Respond to of 42787
 
JRI: I was not the one who posted about the selling and accumulation. I believe it was Stephen -- you might check his posts. What happened to the ZTRIN? At 12:30 it spiked, dropped suddenly and spiked again a little after 1:00 and dropped.

January will be a telling month. I did some math on the channel. It is approx. 660pts. wide with a decreasing slope of 15.9pts per trading day. If we stay in this down channel, January can finish with the NASDAQ between 1855-2515 without breaking out.

By the end of this week(Jan.12) the channel range is:
Upper: 2700
Lower: 2040

If the NASDAQ stays in this range, we still have a BEAR market and no definitive breakout. Watch and see. GH