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


To: Paul Shread who wrote (38766)8/7/2002 6:12:57 PM
From: dennis michael patterson  Read Replies (1) | Respond to of 52237
 
You are not doing your job Paul: I need JnJ at 45! If a bear flag does it, I am all for it! I am glad to see OJ so bullish. We'll get to 45 soon enough! gggggggg



To: Paul Shread who wrote (38766)8/7/2002 9:47:38 PM
From: Compadre  Respond to of 52237
 
Hello Paul, I have not posted here in a while, but I would like to point out a couple of things I have noted on your COMPQ chart:
1) The ADX indicates that the down trend is still fairly strong but it is losing momentum.
2) MACD on the other hand is looks like it is getting ready to turn the corner.
Of course this analysis needs confirmation and any bounce here may just be a bear rally.