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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 (25372)12/3/2001 10:30:54 AM
From: Chris  Respond to of 52237
 
good job all. different systems showing same signals.

that's good



To: Paul Shread who wrote (25372)12/3/2001 10:44:01 AM
From: Terry Whitman  Respond to of 52237
 
Looks bad for the uptrend. I'm going to give my DIA a little extra room. Horizontal support at 9700 seems to be holding for now. Oil stocks moving up on Mideast actions..



To: Paul Shread who wrote (25372)12/3/2001 11:17:03 AM
From: ajtj99  Respond to of 52237
 
I'll wait for the close before deciding if the channel is broken. If we just get a stick below the channel, it's not as big as a close below it.

Also, we could also get a flag for a few days before any drop begins in earnest. Look at the SOXX last week - it was broken, then broke back up within its channel. This may happen later this week and early next week with the Dow and SPX if the 60-minute and daily charts turn up.