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

To: JRI who wrote (2106)3/6/2001 2:29:45 PM
From: Paul Shread  Read Replies (2) | Respond to of 52237
 
SPX and COMPX ran into September downtrend lines today:

cache.wsrn.com

cache.wsrn.com

Until we get closes above 10,650, 1275 and 2320, this should probably be characterized as a bounce, IMHO. Weakness in INDU not encouraging, but it did outperform the last two days.



To: JRI who wrote (2106)3/6/2001 2:39:35 PM
From: adcpres  Read Replies (1) | Respond to of 52237
 
JRI: It was more of an impressive open than rally. The open accounted for more than 70% of the gain today. The COMP has been trading in a tight range from 2200 to 2240. Given the ZTRIN staying around .25 most of the day, I would have expected a steady upward rally but it did not happen. We may just finish out near flat for the day with a DOJI. GH


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