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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 (1791)	3/2/2001 12:53:10 PM
From: Trader X	Respond to of 52237

most people do seem to be focusing on the last 6 months on the INDU. I was trying to step back and get a picture of what the entire last 2 years is telling us, since the INDU has been range bounce between 10,000 and 11,500. I find it disturbing that the all time high has been followed by a pattern of lower highs going back to January of last year. Using the symmetrical triangle, a move over 11,000 would indicate a breakout of the triangle and a move to new highs. A break of yesterday's lows would be a bearish breakdown out of the pattern. home.austin.rr.com Your line at 10,300 is consistance with the larger symmetrical triangle pattern, since the rectangle is within those lines.