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


To: Chris who wrote (8655)6/6/2001 12:37:56 PM
From: TechTrader42  Respond to of 52237
 
Yes, I see.

As for the Naz, not only are the market indicators not giving definitive sell signals yet, but a lot of individual charts for overpriced tech junk aren't, either, if you look at shorter-term indicators. I was just looking through a few, and MACD 8/17/9, for example, remains bullish for some.

That's not to say they won't plummet soon, particularly since MACD and other indicators haven't been reliable during the bear market. It's just not yet clear -- at least to me. Some market indicators haven't yet reached some extremes. So I think there could still be another brief rally in overpriced Naz junk.

But that's enough out of me. I'm off to milk the goats and feed the chickens and pigs.