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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 (11782)7/16/2001 2:36:37 PM
From: Caxton Rhodes  Respond to of 52237
 
Donald I can't believe you are growing pot ggggggggggggggggg.

Caxton



To: donald sew who wrote (11782)7/16/2001 2:40:09 PM
From: Chris  Read Replies (1) | Respond to of 52237
 
OT so great to laugh... im hungry, dumplings any one?



To: donald sew who wrote (11782)7/16/2001 2:48:50 PM
From: Lee Lichterman III  Respond to of 52237
 
Paul already mentioned it so I didn't post it here but I said this earlier on our site....

By Lee_Lichterman on Monday, July 16, 2001 - 01:35 pm: Edit

Well I guess it is safe to say the daily sell signals were the right ones to follow. Now we have to see if there will be a floor here around the gap support for the weeklies to kick in when this is over.

I keep waiting for a bounce to get short and it is just grinding down. TRIN and TRIN.Q still nasty looking and the TICK refuses to go positive.

We are approaching the minimum 50 point level from the H&S I mentioned earlier and are also at the gap. If we don't bounce soon, then it looks like another 50 points to fill the gap completely ( I am going by the NQ futures chart, the cash index may be slightly different)

==========

Of course it bounced there but now I just posted this......

By Lee_Lichterman on Monday, July 16, 2001 - 02:41 pm: Edit

We need a strong rally spike here fairly quick to invalidate what is appearing to be a intra day bearish wedge on the NDX and NQ futures other wise it looks like we should hit the apex in another half hour or sooner and break downward again.

I show first real resistance around this 1720 level on NQ futures and then larger resistance around 1740. Subtract about 10 points for the equivilent NDX cash level.

If the bearish wedge breaks to the norm and doesn't get invalidated soon, then the measure of the break would be enough to drop below the gap support and I would bet we fill that gap which is another 50 points down from here.

RALLY, RALLY , RALLY -ggggggg-

If we can get to 1740, I will be adding shorts.

Good Luck,

Lee



To: donald sew who wrote (11782)7/16/2001 7:57:32 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 52237
 
<OT> ROFLMAO...Bumber Cars ha ha ha...you got it right on the
money &. If they knew how much fun we had we would have to pay them ha ha.
---------------
NDX looks like it has a sick hangover in after hrs,
this dip is sooner than I figured , so I'm now glad I got out
when I did, I might try a "small" long tomorrow if it keeps
falling.
I'm starting to look at the ULPIX as it's not as wild as
the UOPIX , it does the S&P 200% and I can swing
from it into the UOPIX latter with just one TF , like sort
of leg into the S&P then if we dip low enough shift
to NDX , but still the timing is delicate as we haven't
really broke the longer term down trend.
----------------------
Sort of like bringing the tug along side the ship while
she is still hooked up, and hoping you don't spill
the Pilots coffee.
Jim