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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 (3559)3/20/2001 9:28:11 PM
From: NucTrader  Read Replies (1) | Respond to of 52237
 
Hadik of INSIIDE TRACK targeting NDX support @ 1527-1555 with some weekly support @ 1574; DOW 9662 he sees as critical to hold. If we don't snap back tomorrow and these levels don't hold, DOWNTREND INTACT....



To: Paul Shread who wrote (3559)3/20/2001 11:45:31 PM
From: Gersh Avery  Respond to of 52237
 
Hi Paul ..

FWIW

The center tine of this fork has been tested at least seven times now. This chart is based on closing prices only.

the center acted as support five times. It failed on the fifth attempt and has now acted as resistance twice. The second time was today.

The upper tine was also tested once.

That seems to present a high probability that the lower tine will act as support.

homestead.com


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