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

To: Saulamanca who wrote (10018)	6/23/2001 5:37:39 PM
From: The Freep	Respond to of 52237

I second the upside-down Naz read. I was gonna first it, but Jim Bryan beat me too it. I think Paul's read of the inverse head and shoulders certainly maps nicely to the current in-play head and shoulders. And yeah, it's clearly at a decision point, just like the Naz itself. BWDIK, as I'm only a freep

To: Saulamanca who wrote (10018)	6/23/2001 5:47:48 PM
From: eichler	Read Replies (1) \| Respond to of 52237

Jim, When you said you study up to 500 charts each evening, that sounded like quite a headache to me...ggg But I guess when you can identify an upside down chart... well, that's pretty impressive! Good show! Regards, Eichler

To: Saulamanca who wrote (10018)	6/23/2001 6:08:40 PM
From: HairBall	Read Replies (2) \| Respond to of 52237

Jim Bryan: Yep, immediate give-a-way for an inverted chart was the inverted log scale...and you're right it is of the Naz 100 Index... Regards, LG

To: Saulamanca who wrote (10018)	6/24/2001 4:26:22 AM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 52237

Yep, You and Dealer ( who identified it in a PM so as to give others a chance) nailed it. It is the NDX inverted. For all those that thought the chart was going up but have longs in tech, it may be wise to scale back a little. For those that thought it was going to tank and are short, same recomendation. It is clearly at a decision point but by inverting the chart, it helps to take ones bias of preferably playing long or short out. Good Luck, Lee