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

To: Challo Jeregy who wrote (3905)	3/23/2001 8:38:28 AM
From: Lee Lichterman III	Respond to of 52237

Just wanted to mention that I just finished looking at the weekly charts and they look pretty good. I may not get my "drop" after the "pop" as there is a 50/50 chance this rally could last a couple weeks. EMC had a weekly doji last week with a white candle this week, as did a few other stocks. Targeted top would be around 2250 NDX or 55ish on the QQQ. As I just wrote on SI, I want to see the COT report next Friday to see how many commercial shorts covered. The weekly charts also had bounces off support on the SPX, OEX chart and the DOW chart is almost perfectly formed. As I had mentioned before when I was looking for this bounce, the ADX is topping and turning down signalling a change of trend. If we do drop, I agree with your low targets for the QQQ. Unfortunately, only time will tell. Have to leave for work. Good Luck, Lee