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


To: Captain Jack who wrote (8053)5/25/2001 5:05:28 PM
From: Paul Shread  Respond to of 52237
 
I've got us back below downtrend lines on the Dow, SPX and NDX. Not pretty from a weekly perspective. NDX chart in particular looks very bearish, much weaker than the COMPX. I agree that Tuesday could turn up, maybe even until June 4, but I think we're headed for a retest of the lows in the intermediate to longer term. Could be like last summer, where we broke a wedge to the downside in July and then recovered, only to tank in September. JMHO of course...



To: Captain Jack who wrote (8053)5/26/2001 6:35:32 PM
From: Square_Dealings  Read Replies (1) | Respond to of 52237
 
Fuel cell/alternative energy stocks, biotechnology, and superconductor companies seem to be showing a lot of conviction. I am happy to see money going into research in these areas - the government is putting in on these too.

I like these areas for leading tech sectors going forward.

M.