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

To: TechTrader42 who wrote (34719)	4/23/2002 8:30:29 PM
From: ajtj99	Respond to of 52237

Brooke, I remember that 1063 NDX when I was looking at support levels last September during the crash. It would appear Chris' monthly MACD may turn up around July after a low in June, especially if we just go nowhere with a monthly doji in May. As for the daily MACD, I think it will work out well, with a bit of room for May Max Pain. I'm looking more and more at the Dow and it looks pretty bleak. I think that baby is going to head to the low 8000 level or lower in June, which would be a rising support on the weekly chart. If it doesn't get some strength soon, the delta hedging may kick in ahead of schedule. I'm thinking a low at the Thursday close works best with the charts, the support levels, and the GDP release on Friday. Maybe a re-test early next week or double bottom would work too.