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


To: donald sew who wrote (20638)10/3/2001 1:51:58 PM
From: Justa Werkenstiff  Respond to of 52237
 
Donald: Re: "Good job. You called it right on the 3-WHITE SOLDIERs on MSFT. Also looks like a significant positive on the NAZ/NDX."

I learned form the master in your mirror <g>. I think one has to view the triangle on the Nasdaq as an ascending one now. Not that it was clear until today (minor oscillations up at top -- one could make the case it was descending) but the bottom part was clear. Looks like that triangle broke to the upside. Volume should be over 2.0B today which is confirmation. And as such, it looks like there is a change in trend on the Nasdaq. So the Dow, S & P 500 and Nasdaq appear to have changed trends for now. I think the fact that you got Class Sell signals now (as opposed to a midrange and then a market sell-off -- since August) suggests to me this is the case. So a retest might be postponed even when we do get a retrace here.



To: donald sew who wrote (20638)10/3/2001 3:31:21 PM
From: Mike Learner  Respond to of 52237
 
hi Don, This "Short Selling" issue is becoming too narrow (this issue is everywhere now)that seems this market still is not completely deflated.

Those who question "Short Selling" vehicle in our market can not see that only money is changing hands. The real concern is where this money goes relates to the bottom line economy. The real damage is when it stays as CASH!

Just venting,