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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 (41333)12/2/2002 1:54:37 PM
From: dennis michael patterson  Read Replies (2) | Respond to of 52237
 
Don's signals were not negated. He had a chat last eveing. Check out the notes: informative. I think we'll pullback. Today is a really bad day for the bulls, if this reversal sticks.



To: Paul Shread who wrote (41333)12/2/2002 2:33:18 PM
From: Henry J Costanzo  Respond to of 52237
 
<<Resistance is tough here, and a deep pullback would look like an inverse H&S on the Dow. >>

Agree, on both counts. The H&S possibility is VERY intriguing, to say the least, and certainly bears close watching........I note that, assuming the left shoulder bottomed in July. the volume pattern would fit in nicely with an H&S (without, of course, any right shoulder as yet).......



To: Paul Shread who wrote (41333)12/2/2002 4:32:54 PM
From: Zeev Hed  Read Replies (1) | Respond to of 52237
 
Actually, the print below $54.50 got me out on JNJ as fast as i got in... A whipsaw so far, but that breach indicates a new possible target of $50.5 to $51.5, IMTO.

Zeev