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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 (13330)7/31/2001 3:13:54 PM
From: TWICK  Read Replies (2) | Respond to of 52237
 
This is the trickiest chart I've plotted in a long time. I plotted the lines two weeks ago, hoping to the completion of the triangle. Looks like It's doing just that. members.home.net

I truly feel we are at a major decision point, but I'm having a really difficult time projecting the direction. Whether it be slow or fast, and volatile, it's really hard to anticipate the next move. So many conflicting economic and business related signals. I'm tempted to long some QQQ's based on the formation, and the recent direction, or strength if you want to call it that, in the Nazzie.



To: Paul Shread who wrote (13330)7/31/2001 6:17:14 PM
From: TechTrader42  Respond to of 52237
 
Lines up with my own, too, since the Nasdaq complacency indexes are so high right now.

Also, there's the full moon on the 4th (Saturday), of course.