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


To: Chris who wrote (4154)3/26/2001 11:02:35 AM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
Maybe. But it could also be ascending triangle or rising wedge that broke up today (look at 60-minute chart). The Nasdaq's January rally started off looking like this and broke upward too. I still say the jury's out on this one; I'm not seeing the Dow turn tail at some pretty critical resistance (9650), so I'm going to watch a while longer. I'm still long off the bounce here (am playing GM, which is up nicely today).