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

To: Claud B who wrote (12192)	7/19/2001 2:26:43 PM
From: Stephen	Read Replies (1) \| Respond to of 52237

Claud, I often hear Al Goldman (I swear he's just a stuffed dummy with a tape deck they role out every so often - this belief being based on the fact he only ever says one thing)mention the good breadth of the market to support his continual bullishness. However, it was my understanding that bear market rallies usually have good breadth while prices will peak from the bounce and then make successive lows on the way back down. Course -that doesn't really help very much - LOL. Just thought I'd mention it as a fwiw .... Regards Stephen

To: Claud B who wrote (12192)	7/19/2001 2:36:52 PM
From: dawgfan2000	Respond to of 52237

Seeing MSFT close/stay above $72.50 would be somewhat bullish today (even better on a weekly stick if it could hold) since 72 has been pretty heavy overhead resistance. 52 week high is now $79.56 FWIW (I thought it was still in the 100's). So closing in on a new 52 week high would be another bullish signal. I have an after hours question for you about historical hi/lows and how they trend in extreme markets (such as the naz over the past 52 weeks). I tend to discount them a little bit more since there was such a large oscillation during that time. I'll save it for after hours. :)