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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 (7652)5/20/2001 12:41:20 AM
From: Challo Jeregy  Read Replies (1) | Respond to of 52237
 
The market is approaching the 9-MONTH CYCLE LOW which should occur in early JULY

Donald, is that 9 month cycle LOW or HIGH?



To: donald sew who wrote (7652)5/20/2001 1:02:46 AM
From: Chris  Respond to of 52237
 
i was doing some charting tonight.

i think naz will have resistance at 2243-2300.

this is done from a vareity of techniques and software tools.

however, my signals that i trade are momentum based, so as long as i have a buy on momentum, i will hold the position.
thus, its more of a curiousity on the market reaction at those resistance levels.

the vix/vxn is way low, so that does worry me for a very s/t pullback.



To: donald sew who wrote (7652)5/20/2001 1:08:00 AM
From: Chris  Respond to of 52237
 
for spx. i think i have found another potential trendline.

linear scale, daily scale.

connect 11/3/00 high
1/30/01 high
and extend.

the line puts around 1300 spx



To: donald sew who wrote (7652)5/20/2001 1:11:50 AM
From: Chris  Respond to of 52237
 
interestingly, for the same time period for spx, the naz comp has already broke above a simliar trendline.

linear, daily

connect 11/06/00 high
1/31/00 high and extend.

last 2 days of naz is abve this trendline.