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

To: Chris who wrote (8499)	6/4/2001 12:13:27 PM
From: TechTrader42	Respond to of 52237

That's a difficult one to read right now. LT and ST are giving different signals. I think the trend remains down longer term, based on longer-term MACD and the fact that it's broken under the 200 SMA again. However, shorter term, MACD has turned back up and the candles look good. So in other words, I really have no idea with GE. It'll no doubt follow the direction of the market. If the market turned sharply down, it could head into the 47s. If the market turned up strongly, it could go back into the 53s. Don't forget that it's Arthur's pick, of course, too.