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


To: TREND1 who wrote (22944)10/30/2001 7:34:22 PM
From: westpacific  Read Replies (3) | Respond to of 52237
 
Attention LONGS - market in full sell mode as of today.

All the technical indicators I follow show a massive, and I mean massive risk to the downside. These indicators are telling me some very bad news is coming. Remember technicals are all I follow and usually predict future events.

Right now we have some very negative indicators. The buying power is drying up and the selling pressure continues unabated.

Look at these stats:

Fund Holder Dumping
July - 1.3B
August - 4.82B
September - 29.5B

All the best

West



To: TREND1 who wrote (22944)10/30/2001 11:06:30 PM
From: waverider  Read Replies (2) | Respond to of 52237
 
Larry, so even though the NAZ closed below the trend line...even though itself is lower...the buy signal is still valid? What is the determining factor in invalidating the buy signal?

wr