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


To: Chris who wrote (12366)7/21/2001 3:57:51 PM
From: Shack  Respond to of 52237
 
Beware of the broken trendlines Chris, it looks like we are correcting a 5-wave decline from May 22 which would have in all likelihood have broken the DT lines. I don't put much stock in it as a bullish indicator....yet.

I think this upward correction is not done though and we will get one to two days of further up. Looking at 1242 on the SPX as a likely turn.



To: Chris who wrote (12366)7/22/2001 9:45:37 PM
From: Paul Shread  Respond to of 52237
 
Agree on SPX, but not on INDU:

cache.wsrn.com

SPX looks very nice, IMHO.