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

To: TechTrader42 who wrote (35281)	5/3/2002 1:50:52 AM
From: BirdDog	Read Replies (1) \| Respond to of 52237

But who knows? I'd like to point out a few observations on the monthly SOX chart I have: All the moves up with tops in 95,97, and 00, all have basically the same shape all the way through to the next low. Although 00 being a much larger one. If it continues forming the same shape; The new low could easily be rationalized at ~300 where I pointed out support previously. The recoveries out of both the 96 and 98 low, did not hesitate/retrace until they reached ~ the previous high. For 96, that would be the mid 95 high. 98 would be the mid 97 high. I would rationalize from this that the new low from the 00 high has not been achieved due to the present recovery having hesitated/retraced before reaching the previous high in 00. This would also support a ~300 low. All this rationalizing appears to support the uptrend line I mentioned in past post validly... BirdDog@Prairie.com