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


To: NucTrader who wrote (3575)3/20/2001 9:44:45 PM
From: Paul Shread  Respond to of 52237
 
I agree that 9650 or so on the Dow is critical, given that it would leave a clear two-year trading range at that point. But the Dow has made new weekly and daily closing lows in the last week, so it's not a hopeful sign, IMHO. I still think 1125 SPX is key; I don't see another strong support until under 1000. I think the NDX can go as low as 1480 or so until it finds a strong support, but the COMPX is sitting right on one (1850 or so). This whole thing looks really ugly if we don't turn up tomorrow, IMHO.