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


To: TechTrader42 who wrote (35673)5/8/2002 10:36:18 AM
From: ajtj99  Respond to of 52237
 
Well, we broke above 1643, so the next target is 1695 COMP. I guess that's why we're hanging around this level still. NDX hit nearly 1230, so maybe a re-trace to 1210-1220 is in order before the next leg up this afternoon near the close. SPX still has not taken out 1074, and Dow is just hanging around 10,000.

In edit, I see we're at NDX 1233, so we're on our way to test 1282. NDX 1233 was a pivot low as well as an overhead resistance. It may hold this AM.

Good grief, we're already at 1236!



To: TechTrader42 who wrote (35673)5/8/2002 10:36:24 AM
From: Paul Shread  Read Replies (2) | Respond to of 52237
 
Nasdaq up/down volume is something like 14-1 so far. If that holds to the close, it would be bullish. I haven't seen anything like that in the last couple of years that I can recall.



To: TechTrader42 who wrote (35673)5/8/2002 6:12:31 PM
From: Monty Lenard  Read Replies (2) | Respond to of 52237
 
BTW, looks like MCD broke out the wrong way. Going down in todays market is not good...maybe tomorrow?

Monty