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

To: TechTrader42 who wrote (25923)12/12/2001 11:34:32 AM
From: TREND1  Read Replies (2) | Respond to of 52237
 
Brook
The bears are all watering at the mouth again.
Some day they will be right and a correction will happen.
Hope they have some money left(g)

Larry Dudash



To: TechTrader42 who wrote (25923)12/12/2001 11:43:47 AM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
I mentioned this once before but got no takers: was last week's gap up in the Nasdaq an exhaustion gap? We're consolidating right above that gap and the main uptrend line. It could bounce here, or it could break down, but it's at a critical level, IMHO. It's possible the 200 DMA could become support, but it's also likely that it won't go far without an uptrend.

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