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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 (4362)3/28/2001 10:44:04 AM
From: donald sew  Read Replies (2) | Respond to of 52237
 
Paul,

The SOX is not selling off as strongly as the NAZ and the NAZ NET NEW HIGHs/LOWs are not deteriorating significantly, at least not yet.

Lets see of the right shoulder on the H&S can hold, if not then suspecting a sucessful retest rather than significant NEW LOWs, unless the SOX starts selling off hard.



To: Paul Shread who wrote (4362)3/28/2001 12:19:37 PM
From: HammerHead  Read Replies (1) | Respond to of 52237
 
>>but so far the NDX is holding the right shoulder of the potential inverse H&S.<<
maybe the last hour will push over...
now we could return to the last hour selling psychology after nt and palm's AH surprise yesterday.
who will buy during the last hour only to expect another AH heartache, at least not most traders at the current market sentiment.