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

To: Terry Whitman who wrote (6731)	5/2/2001 10:19:52 AM
From: Paul Shread	Read Replies (2) \| Respond to of 52237

The Dow has rolled hard the previous times it hit this line: cache.wsrn.com Today's not starting out too great. Profit-taking before 10 a.m.? Gap em up and leave J6P holding the bag? NYSE A/D line is back where it peaked previously too. SPX and COMPX are near their January bottoms and September downtrend lines. If we break through these levels, I'm going long on margin. Trannies need 10% to confirm the Dow, assuming the Dow can close above 11,035, where I would peg a higher high. I took a look at Cisco recently and thought it looked awful (compare it to MSFT's very nice base/inverted H&S/downtrend break). Both charts are in the same timeframe (weekly). Glad I bought CSCO anyway. ;-) I was also long NT, but bailed on that, and dumped NOK on what I thought was an island reversal at 25 (the problem with those ADRs). You win some, you lose some, but I've managed to make some money over the last year, so I can't complain too much. cache.wsrn.com cache.wsrn.com I've never had a shorter watch list. These are the stocks I'm considering buying on strong pullbacks: BA, UTX, HRB, TYC, AA, NWL, TXT, HD, SPLS, PAYX, NOK. The fundamentals (and valuations) are just atrocious out there.

To: Terry Whitman who wrote (6731)	5/2/2001 12:38:49 PM
From: dawgfan2000	Read Replies (1) \| Respond to of 52237

Paul, Terry or anyone: Can you provide some insight or references to research regarding 52 week highs vs. all time highs (if there are any)? I mean, is a 52 week high that significant as opposed to a all time high, and what are some of the parameters (time lag, % close to the move, etc.) I am looking at your comment about a 52 week high on the DOW, yet what if it is not the all time high? I am curious since the NAZ/DOW stocks will be up against 52 week highs again, but all time highs could be years away (or never for some -ggg-). Is 52 week the more common technical indicator and does it carry the highest significance? Or is it just the easiest to calculate? -gg- Sorry for the long question, please feel free to respond after market. If you can point to any resources, I would be happy to dig through it. TIA,