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


To: Nancy who wrote (35696)5/9/2002 12:30:38 AM
From: Paul Shread  Read Replies (4) | Respond to of 52237
 
Nancy,

I was looking for a 90% upside day but didn't get it.

That said, that 90% upside number would probably be a whole lot more significant if it occurred on the NYSE, and one of the things I keep hoping to see some day. -g-

The Nasdaq had far better internals on 4/5/01, but worse ones on 9/28 and 10/3, so go figure. -g-

I don't have the 9/24 Nasdaq figures, but maybe someone could chime in with them (a/d and u/d; you out there Bruce?).



To: Nancy who wrote (35696)5/9/2002 8:18:58 AM
From: Susan G  Read Replies (1) | Respond to of 52237
 
Amazing where the nasdaq comp stopped yesterday...

mywebpages.comcast.net

1696.35, the broken support line is 169.55. .20 points from the broken trendline of the descending triangle. I'm sure it will have no trouble moving back inside today but then that 1697-1700 area must hold if this move is not a one or two day wonder. It may make a run for the top of the triangle again. That downtrend line that has been unable to break is less than 90 points away now.

But a break down below the horizontal support line again once it has broken back into the triangle needs to be carefully watched for... Especially when the NDX tests this trendline, it fell far short yesterday compared to the comp. 1322-30 area on NDX is where it will test that line.

mywebpages.comcast.net