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


To: donald sew who wrote (4490)3/29/2001 3:18:11 PM
From: dawgfan2000  Read Replies (1) | Respond to of 52237
 
Am hearing traders feel 1794 is critical support for holding this recent move.

Don't like that it's MU reporting tonight to avoid more bad news in the market.

EDIT: AMAT taking a hard fall too.



To: donald sew who wrote (4490)3/29/2001 4:06:37 PM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
Got another touch on that NDX lower trendline today:

cache.wsrn.com

Taking the last two touches on that line, it is declining at 7.82 points per day, which would place it at 1535.57 for tomorrow, setting up a double-bottom at 1794 on the Nasdaq. Pure speculation; just having fun.



To: donald sew who wrote (4490)3/29/2001 8:49:43 PM
From: Terry Whitman  Read Replies (2) | Respond to of 52237
 
Sorry for all the bearish links, but that's about the only thing I can find at the moment. <g>
Message 15585053

All the bad news is bullish in a contrarian way- but alas, we don't know just how bad the news could get. 19 year low in the leading employment index. This could possibly be a very ugly trip thru Recessionville. The market seems to think so. <ng>

I'm sticking w/ my call for an April bottom at 950-1000 SPX. If it breaks that level, we'll just have to set a lower target. <g>

Regards,
TW