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


To: StockOperator who wrote (6018)4/19/2001 2:14:03 PM
From: Paul Shread  Read Replies (3) | Respond to of 52237
 
No stopping the bulls here. I think this will easily reach COMPX 2250. SPX could get stopped in the 1254-1300 range, INDU is looking a little weak here.



To: StockOperator who wrote (6018)4/19/2001 5:55:41 PM
From: JRI  Respond to of 52237
 
edit



To: StockOperator who wrote (6018)5/4/2001 1:25:35 PM
From: Paul Shread  Respond to of 52237
 
Hey, SO, what do you see here? <eom>



To: StockOperator who wrote (6018)9/4/2001 10:00:26 PM
From: StockOperator  Read Replies (1) | Respond to of 52237
 
Hi, I hope the last couple of months have been prosperous for the SA II thread. It's hard to believe that my last post was on April 19, and amazingly nothing has changed in the sense that stocks continue to fail when facing key areas on their charts. Look at the continued carnage in stocks like CIEN and QCOM which are already melting into lower lows this month (compared to Aug.).

The month of September should continue to play like the scratch in the record, skipping to the same spot over and over. This time look for the pressure ("do or die") to be on stocks like MU, CSCO, NVDA, and QCOM just to name a few. Keeping in mind of course that both the NAZ and INDU have just broken major trendlines dating back over five years and a violent turn could come anytime. If and WHEN it happens. So far you have to respect the established trend while watching how stocks handle key areas on the charts. Areas that MU and CSCO will be facing this month.

Short and sweet. Great trading.

SO