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


To: JRI who wrote (1296)2/27/2001 2:35:54 PM
From: donald sew  Respond to of 52237
 
I guess its fair to say that the NAZ/NDX are already in the process of retesting, since if the NAZ/NDX closes here at negative 80, it would be a LOWER LOW on a closing basis, but not yet on a intraday basis.

Unfortunately, my short-term technicals are just entering the oversold region, so there is still potential downside room of about 2 days before I would get another CLASS 1 BUY.
In light of that, 1850 on the NDX is an increasing possibility. I guess the NAZ/NDX aint waiting for the end of week before retesting.



To: JRI who wrote (1296)2/27/2001 2:55:16 PM
From: Paul Shread  Respond to of 52237
 
>>a close under 2244 (old low)...is a major ughh...<<

Good point. A new closing low would not be a good sign. Loved that boiled frog comment.