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

To: TechTrader42 who wrote (23085)	11/1/2001 10:10:27 AM
From: Atin	Read Replies (1) \| Respond to of 52237

My reading is that I wanna just read the middle of my chart and short back in June :-) $NDX - Downtrend most probably over (ADX falling), first correction of upside reversal in progress - closed longs but didn't go seriously short. Expecting 30-50% correction of move up since Sep 28 to Oct highs. We're basically there and am now looking for reversal back up and adding longs again. Bullish, with stops. Ignoring SAR right now since ADX is low. $SPX - ditto $INDU - ditto. -Atin

To: TechTrader42 who wrote (23085)	11/1/2001 10:28:23 AM
From: Atin	Respond to of 52237

Oh, forgot to add that because ADX is low, I'm tending to use my oscillators more - and am more bullish on $NDX than $SPX, $INDU and so while $SPX, $INDU are hitting my low bands (BB(20, 2)), I'm willing to let $NDX just hit the moving average (20) - oscillators aren't completely oversold so I'm not in up over my head yet, not even up to my waist <g> When I'm bullish, I tend to play oscillations between the upper band and the MA, when I'm bearish the lower band and the MA and when I'm thinking "non-trending" I either stay out of the way or play long tails (candles) near the bands in the opposite direction (this works better on intraday charts for me). -Atin