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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 (5590)4/11/2001 9:55:07 AM
From: dennis michael patterson  Read Replies (2) | Respond to of 52237
 
I have to read Joseph's text. They just quoted him CNBC saying "It's so bad it cannot get any worse." Weird. I shorted the QQQ at the open. Just covered (too soon, as usual!!)



To: Paul Shread who wrote (5590)4/11/2001 10:17:13 AM
From: donald sew  Read Replies (4) | Respond to of 52237
 
Paul,

At this mornings highs, here are the intraday short-term signals:

DOW - borderline CLASS 1 SELL
SPX - borderline CLASS 1 SELL
OEX - borderline CLASS 1 SELL
NAZ - borderline CLASS 2 SELL
NDX - borderline CLASS 2 SELL

So the NAZ/NDX could have one more up day before a CLASS 1 SELL signal. Just spoke to LEE and he mentioned a possible INVERTED HEAD and SHOULDER on the NDX per the 60 min chart, which has a target measurement of around 2200-2250. Not saying that it will get straight there, just highlighting the possibility of a H&S.