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

To: Mike M who wrote (33610)4/2/2002 3:35:15 PM
From: TechTrader42  Read Replies (1) | Respond to of 52237
 
Yes, the breadth really is remarkably good for the Nasdaq today, with 594 more declining issues than advancing issues at the moment. I really do think I'm getting the hang of this approach to chart reading, now that I'm suspended from the ceiling by my feet. It's like double-think ("The market's consolidating here"), only money's involved, too. Adds an extra dramatic element, doesn't it? What shall we buy? I'm bullish! Broke, but bullish. Kicked in the gutter (when reality intrudes), but bullish.

Those support lines being tested, those are really resistance lines. I see it now.



To: Mike M who wrote (33610)4/2/2002 7:27:03 PM
From: Vitas  Respond to of 52237
 
here's one problem with overemphasizing the a-d line:

Message 17272945

the other problem is that the many small caps can be doing well while the much smaller number of large cap issues are getting hosed

decisionpoint.com


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