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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 (26917)	1/3/2002 11:42:21 PM
From: Susan G	Read Replies (2) \| Respond to of 52237

COMPX is above the 50 MA, but not the 50 EMA, it's looming right overhead. I did this one earlier when discussing the weekly with someone else who posted a chart without that ema. The darn thing looked so bullish until you see that ominous line right overhead <g> The nasdaq has not closed over that line since 8/27/00, and it's going to need a good push to make it over now since it's so overbought...a few attempts will be required I'm sure. And yes, it's a LOG chart! home.earthlink.net

To: Paul Shread who wrote (26917)	1/4/2002 7:44:49 AM
From: Jerry Olson	Respond to of 52237

Paul i am keying off the SPX trading bands now...1164..triple top..if we break that 1174 the true test of TOP there..we break that? 1225 next stop..at 1180..this would be a NEW buy signal long on P&F for the SPX on the downside..1110 is the double bottom sell signal and the SECOND sell signal..the first one at 1120 we ignored... most of the time we Piffers ignore the 1st sell signal on any chart thats in an up trend.. so for now we've been range bound between 1120 and 1170 SPX...which ever way it goes, so goes I<VBG>...