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

To: Chris who wrote (10560)	6/28/2001 6:09:37 PM
From: Lee Lichterman III	Respond to of 52237

Agree but they are brave souls for holding anything over night, especially shorts! That gap as they said could provide additional support along with the old H&S support, then resistance and now support again. Getting confused yet? -gggg- There is a large convergence of resistance lines and support lines all along these levels and the market can't seem to make up it's mind what it wants to do. The DOW has been paralelling my mid tine for a while now and the SPX is stuck in a range. Where to next? Heck if I am sure. As I said in my post last night, this market "feels" like it wants to go up but the charts as of last night still seem to have a negative bias with most resistance lines holding, bearish formations and now today's candlestick in the NQ and SP01U, Old gorillas are having a hard time getting any traction like SUNW, EMC etc. I haven't run today's yet to get an up to date read as of yet. Keep us up to date on those signals and that "hook". Agree with letting the market decide for sure, I am still pretty hedged but was seriously thinking of rolling up this morning. We complained because it was flat then we get a day like today. -ggg- Good Luck and Good Trading, Lee