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


To: Michael Watkins who wrote (28208)1/23/2002 4:31:47 PM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
Thanks, MW. Nibbled on some longs today; maybe they'll pay off. -g-



To: Michael Watkins who wrote (28208)1/23/2002 5:02:54 PM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
INDU looks like a doji today. Could pop tomorrow if Mr. Greenjeans has anything nice to say. -g-

stockcharts.com[l,a]daclyyay[pb50!b200!b20][vc60][iLl14!La12,26,9]



To: Michael Watkins who wrote (28208)1/23/2002 6:28:09 PM
From: MechanicalMethod  Read Replies (1) | Respond to of 52237
 
Hi Michael,

Are you saying IBM's 15m slight break of the 2B traps shorts and sets up a weasel or spring... if an upswing develops here? It's also a Dunnigan bottom reversal L<L[1] and c>c[1] (but only if followed by an upbar). A powerful setup when it happens in combo with a 2B. Of course 15m is a small slice of the big picture which is still freefalling.

I'm just working out some details of a model and not trading IBM or recommending anyone trade it.

Best regards, MM