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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 (19896)9/24/2001 9:02:44 PM
From: Bert  Read Replies (2) | Respond to of 52237
 
I get those all the time..just went over the Media General averages, as well as the indices..overall looks bearish to me...IMHO...Dollar doji, MG Gold average put in a possible reversal stick, MER daily looks ugly, JPM with neg flow, etc., etc....I guess time will tell eh?, Mr. Doom and Gloom.

Bert



To: Paul Shread who wrote (19896)9/24/2001 9:13:22 PM
From: donald sew  Respond to of 52237
 
Paul,

Normally I prefer to see at least 3 touches for that lower trendline of that possible bear flag.

Unfortunately, if those indices drop to test those lines for that 3rd touch , they could also break to the downside. So I cannot ignore those formations.

Good catch.