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


To: Monty Lenard who wrote (35317)5/3/2002 1:03:37 PM
From: TechTrader42  Respond to of 52237
 
Yup -- it's funny how TA works at times. The 200 SMA is at 9925. It'll be interesting see whether there's a bounce there, or whether it just plunges through. I think you posted a note recently on it, pointing it out as a possible trade (short). If it plunges through it, the 9700s are a possible target (congestion area in Feb.).

Draw a trendline from low of 11/01 through low of 1/30/02, and you can see where the Dow penetrated a support line. What a shame.