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


To: dennis michael patterson who wrote (40509)1/9/2001 9:42:25 PM
From: OX  Respond to of 42787
 
the BKX chart I showed before was a 10box...

stockcharts.com

as u can see, it's pulled back nicely to an area of support. of course this isn't for daytrading... using this size chart, you could buy here w/ a stop of 870.

>>>When would you buy according to this?
of course, it's not when u buy, but when do you *sell*? :-)
if fundamentally you've decided *what* to buy, PNF/TA can help you decide *when*, as you know. NDX/QQQ charts look nasty anyway you look at it long. however its deeply oversold.
why did u pull up an NDX chart instead of QQQ itself?

stockcharts.com

buy at 56 (or here) w/ a stop of 53 (dbl bottom break) or 52 if you want to give it a bit more room.

(disclaimer: this is not a rec to buy or sell, blah, blah)