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


To: Paul Shread who wrote (1134)2/26/2001 11:51:24 AM
From: john722  Read Replies (1) | Respond to of 52237
 
Paul. I was referring to the Trendline

from the 2/1 top through the 2/13 top on down on the COMP 60 minute. It was violated briefly with a possible 4th wave.
Looks like we are bouncing off it again.. Is this right?



To: Paul Shread who wrote (1134)2/26/2001 11:56:24 AM
From: JRI  Read Replies (2) | Respond to of 52237
 
Intel trading at 29....needs to get off the mat here...or another breakdown is coming....can the SOXX rally with Intel breaking down? Can the Naz really rally with SOXX not playing a role/active role?

This "rally" so far reminds me of the 1-2 rallies we would get from September-November...before more sellin would set in...

If we rally hard up today from current levels (+12), Soxx and Intel turn around (throw in Csco for good measure), then I reserve the right to change my mind <G>.



To: Paul Shread who wrote (1134)2/26/2001 3:46:29 PM
From: JRI  Read Replies (1) | Respond to of 52237
 
We keep failing around that COMPX 2300-2305 level....that coincides nicely with upper channel trend line from the past many days.....the one you linked to John