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

To: JRI who wrote (41020)1/16/2001 9:26:01 PM
From: NucTrader  Read Replies (1) | Respond to of 42787
 
From Ed Downs:
The NASDAQ formed a beautiful
consolidation pattern today, with a
solid base at 2,575. For this
reason, I am expecting to see an
upside break tomorrow of the
2,625 level, followed by a fairly
clean run to 2,900. This pattern
can clearly be seen in the 15
Minute Chart. **



To: JRI who wrote (41020)1/17/2001 11:35:12 AM
From: Haim R. Branisteanu  Respond to of 42787
 
The scan is a mechanical lagging indicator and is indicative only in relative non-event markets. Due to the earning season and extreme bearishness take it with a great grain of salt.

The scan can not take into account sentiment or earnings guidance below actual levels.

BWDIK
Haim


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