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

To: Paul Shread who wrote (12760)7/25/2001 3:57:29 PM
From: donald sew  Respond to of 52237
 
Paul,

>>>> I don't know why, but this rally doesn't look convincing to me. SPX just took out yesterday's high/open, though. <<<<<

Me too, but the DOW/SPX looks like it may have a chance. The NAZ is just limping for now.



To: Paul Shread who wrote (12760)7/25/2001 4:08:00 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 52237
 
Paul: Re: "SPX just took out yesterday's high/open, though."

I don't see that. High yesterday was 1191.03. High today was 1190.50.



To: Paul Shread who wrote (12760)7/25/2001 4:55:56 PM
From: bob wallace  Read Replies (1) | Respond to of 52237
 
re: "SPX just took out yesterday's high/open, though."

actually spx was an inside day today, so it says little about future direction.

personally, I think future direction is controlled by a huge rounding top which will come to conclusion in the next month or so

this is a poor chart, but its all I have:
stockcharts.com
the practically invisible curved white line is the rounding top

Bob


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