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

To: Challo Jeregy who wrote (35357)	5/3/2002 5:45:49 PM
From: Susan G	Read Replies (1) \| Respond to of 52237

Once it sliced through 50 where everyone wanted to buy, that was it for softy.... It's actually the only stock chart on my screen during the day lately. The NQs move as it does, it's hilarious. Have to look at the chart this weekend for support. But I did just do this chart on the DOW, because the daily chart pattern reminded me of the MSFT right as it topped and broke down. Scary. Big wedge, then a flat bottom trading range, then a big selloff ending in a rising wedge. MSFT broke down totally from its rising wedge, and the DOW neared the top of its today. Line these up on the left, you'll see the similarity...scary if the DOW follows a similar pattern. But the way it climbed back over the 200 SMA today, is hopeful, as MSFT never did. mywebpages.comcast.net mywebpages.comcast.net NVDA pattern was similar also, the way it broke down out of a big wedge way back on the daily. Check this out, NVDA monthly - I guess it's a buy at the 50 ema weekly? <G> has been every time so far! Amazing how they always seem to find their way back to the major ema support for one reason or another. mywebpages.comcast.net