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


To: adcpres who wrote (728)2/22/2001 10:46:59 AM
From: dennis michael patterson  Read Replies (2) | Respond to of 52237
 
How are you? I was worried for you with RFMD. This feels awful to me. Just added QQQ at 49.4



To: adcpres who wrote (728)2/22/2001 10:52:24 AM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
The 90 log trendline break two days ago was a real warning sign; I think Tuesday was the first time since Oct. 98 that it broke on a closing basis, and we kept falling then until the Fed cut. Problem is, we've already had two rate cuts this time. I don't see a strong support until 2028; would like to hear if anyone knows of another. On the other hand, in every case where the Nasdaq has made a two-year low, it's gone higher within three weeks and kept climbing every time.