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


To: isopatch who wrote (6916)5/3/2001 12:33:06 PM
From: JRI  Read Replies (1) | Respond to of 52237
 
Iso- To what levels does your work show us going to? 2500? Higher?

BTW- How about that Clint Mathis! The kid can play.....



To: isopatch who wrote (6916)5/3/2001 3:14:42 PM
From: donald sew  Respond to of 52237
 
Isopatch,

Thanks for asking. Mom is doing for, for now.

Yep, a whole slew of INVERTED HEAD and SHOULDERs. As long as this short-term pullback is shallow to normal, those INVERTED H&S should remain intact.



To: isopatch who wrote (6916)5/3/2001 5:28:32 PM
From: Paul Shread  Read Replies (2) | Respond to of 52237
 
Great chart, Iso. You're welcome to post more of those. COMPX may have formed an island reversal today; should be worth a retest of 2000, BWDIK.

Heinz was saying he hasn't yet ruled out up into May 15 and then down, even though his May 2 turn appears to have arrived on schedule.

Beware failed inverse H&S patterns - the NDX had a perfect one in November or December that even closed above the neckline by the required 2%, only to tank. I'd like more examples if you've got em; a whole lot at once would be worth paying attention to.

Uptrends gone on INDU, SPX and COMPX today, but we had the same thing happen early last week. Will it be worth more of a pullback this time?

Fundamentals are terrible, the economic weakness is spreading (today's non-mfg NAPM) ... I doubt the consumer's going to hold out much longer, BWDIK.

If yesterday was a top of any significance, IMHO it would be very bearish, with the inability to take out the January bottoms and the main September downtrends.

That's all from here.