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

To: Paul Shread who wrote (41916)	2/2/2001 2:10:52 PM
From: adcpres	Read Replies (1) \| Respond to of 42787

Hi Paul: We have been bouncing around support on the NDX for about 2 hours now. Volumes are significantly off on a lot of issues except CSCO. Yesterday CSCO traded 46.2M shares and trading so far today is in line with that. Volume has been high on CSCO the past few days. I believe CSCO reports after the close next Tuesday and expected to report about 0.19/share. Does that agree with your information? I haven't a clue what to expect the end of the day today. Is this a bottom or will the NAZ break to the downside? The ZTRIN been bouncing between 2.2 and 3 since noon. Feels as if the market is looking for something the either set it off or spook it. Not good. A lot of nervousness it seems. The overall volume is way too low for this to feel good. Prices could deteriorate if buyers don't step up to the plate. Any bets on the close?? Your thoughts. GH

To: Paul Shread who wrote (41916)	2/2/2001 2:12:17 PM
From: donald sew	Read Replies (3) \| Respond to of 42787

Paul, Just got INTRADAY CLASS 2 BUY signals on the NAZ/NDX. If the NAZ/NDX continues down, I would get a CLASS 1 BUY on MONDAY, with the window until TUE's LOWs. It now does look like the gap at 2470 should get filled(NDX), whether today or later, but on the brighter side, the market internals(NEW HIGHs/LOWs) are not deteriorating significantly. The question I have is on the DOW. Which way will that PENNANT/TRIANGLE BREAK. If it breaks to the downside, that may be good for the NAZ, and vice-versa.