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


To: nspolar who wrote (37903)7/12/2002 5:50:27 PM
From: Stephen  Respond to of 52237
 
nspolar, despite the relative strength in the tech stocks there is a diamond formation currently in play on the QQQ. It still has a while to play out. I'm looking for volume to confirm its validity on the flip side. This is also consistent with what I hear the hedgies are doing ... covering tech shorts during earnings and getting ready to reshort afterwards. All this fwiw ....

Best regards

Stephen



To: nspolar who wrote (37903)7/14/2002 11:59:06 AM
From: bobby beara  Read Replies (1) | Respond to of 52237
 
Have picked up a fair dab of various tech over the last week and doing quite nicely. <<

nspolar, i've been looking over the charts and it looks like the most techs have been making an ABC correction from the low on july 3rd, friday cboe p/c ratio of .61 way out of whack with the dow losing double digits.

here are some charts to chew on.

stockcharts.com

stockcharts.com

stockcharts.com

stacks sell pressure indicator
investech.com