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

To: donald sew who wrote (10477)	6/28/2001 10:06:00 AM
From: faro	Read Replies (1) \| Respond to of 52237

We also have an Engulfing formation on the 26th on the NAZ followed by a Three Outside Up yesterday -- How does this correlate with your other data? Faro

To: donald sew who wrote (10477)	6/28/2001 11:12:13 AM
From: Ramsey Su	Respond to of 52237

Donald, you are having some serious problems with days and dates, better go to doctor and have it checked. YES I KNOW Mon is a holiday - Im surprised I remembered ggggggg; Ramsey

To: donald sew who wrote (10477)	6/28/2001 2:46:57 PM
From: Shtirlitz	Read Replies (2) \| Respond to of 52237

At what level do you thing Naz will give class 1 sell ? Looks pretty overbought already.

To: donald sew who wrote (10477)	6/28/2001 5:40:56 PM
From: donald sew	Read Replies (3) \| Respond to of 52237

JUNE 28 INDEX UPDATE ----------------------------------- Short-term technical readings: DOW - midrange SPX - midrange OEX - midrange NAZ - upper midrange/borderline overbought NDX - upper midrange/borderline overbought RUT - CLASS 2 SELL signal, 3-WHITE SOLDIERs VIX - lower midrange Per my short-term technicals, the overall market is in the midrange/uppermidrange, so there is still more upside potential upside. The RUT, with its 3-WHITE SOLDIERS, is showing alot of strength; however I cannot ignore that the RUT is being skewed right now in light of the reshuffling of the index. So I wont ignore the 3-WHITE SOLDIERs nor will I make it that big of an issue either. Will wait to see how the RUT performs after the reshuffling has been completed tomorrow. Intraday, I did get CLASS 2 SELL signals on the NAZ/NDX, but since the NAZ/NDX close significantly off of the intraday highs they closed with only an upper midrange/borderline overbought reading. So is this a hint that a reveral to the downside already started, based off of todays intraday's highs. Im not sure, but if the NAZ/NDX cannot take out today's intraday highs within the next few days, that would be a hint that todays intraday CLASS 2 SELL signal was the short-term top. I do suspect a retest of today's intraday highs - have to see then if it holds as resistance or is broken to the upside. Here are some supports for further upside over the next few days: 1) End-of-Month rally (also is end of quarter) 2) Reshuffling of the RUT Also, if tomorrow is up, then theres the FRIDAY-MONDAY EFFECT where Monday is either up or flat. Made no new trades today, but am getting ready to take some profits and even go short early next week, and possibly as early as tomorrow(more likely next week. It was interesting how CNBC was getting quite optimistic when MSFT was halted and one could even say that they were hinting/implying that once MSFT opens up the market would rally. After MSFT opened up, selling starting right until the close. For me personally, I got the impression from CNBC that the market was going to ROCKET up once MSFT opened.