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

To: dennis michael patterson who wrote (33576)	4/2/2002 11:11:46 AM
From: Chris	Read Replies (1) \| Respond to of 52237

yep.. all short term trades.. have stops.. just taking the signals and seeing what it will lead to.

To: dennis michael patterson who wrote (33576)	4/2/2002 11:18:55 AM
From: TechTrader42	Read Replies (3) \| Respond to of 52237

Hey, Dennis. Hope those turn out OK for you, so you can keep that wine cellar stocked. Interestingly enuf, the Naz bounced right off the lower Bollinger band yesterday. A reflex action, ya know (before the inevitable refluent action today). The bands are narrowing, and that could mean a breakout one way or the other. Given that bullish sentiment has only just begun to waver (collapse), the direction of the breakout might be surprising to the bulls. I say might, because it's impossible to predict the future (as all the notes on the various threads, particularly the recently abandoned market prognostication threads, have demonstrated so admirably). The various oscillators suggest the other possibility: a breakout to the upside. But oscillators are based on ranging values. In breakouts, the market is de-ranged.