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


To: James F. Hopkins who wrote (9570)6/20/2001 10:26:14 AM
From: TechTrader42  Read Replies (4) | Respond to of 52237
 
The Nasdaq breadth indicators in daily charts signaled a buy just a few days ago, and the rally couldn't get going. At the same time, the weekly charts were giving sell signals. Now, not only are the weekly charts giving sell signals (and at extreme levels), but the daily breadthalyzer charts are about one day away from giving sell signals again, too. Whether things shall turn out this way, I have no idea.

But I wonder about this rally. I look at ORCL's chart, and all I can see is a possible short.

I'm adding a garden bench to my list of comfortable chairs for trading. So far, I have a beach chair, a floating pool chair, a La-Z-Boy, a park bench and a bar stool.