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

To: donald sew who wrote (451)	2/19/2001 11:36:56 AM
From: JRI	Respond to of 52237

Filling the gap from Friday would fit your "educated guess" for the next week nicely, no? If we go higher, I'll be looking hard at that gap for failure.. Ouch, if it occurs, that would be another false breakout (2nd in a week)....talk about demoralizing bulls..

To: donald sew who wrote (451)	2/19/2001 3:01:39 PM
From: JRI	Read Replies (2) \| Respond to of 52237

Don- Am I correct in assuming that....for a lower high to be put in place, and for the "exhaustion gap" scenario to be nullified.....the Naz could go as high as 2552, and still set a lower high, and still not fill the gap... Secondly, is there any point within the gap that you would expect any up move to be more likely to fail (besides the top or bottom?). Finally, whereabouts do you put the upper-line of the downwards sloping channel from September? I would think that offers huge additional resistance on any move up...high 2400's, but where exactly? (on Tuesday/Wednesday) Sorry one more.... <G> you mentioned in a previous post.....that there is a trend for end-of-month, beginning-of-month rallies....starting approximately on what date, and ending on what date? (I realize this is a "secondary"- type trend to watch).. Sorry for the multiple bugger questions, appreciate any help you (or anyone else) can provide...