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


To: Terry Whitman who wrote (44213)4/23/2003 4:13:46 PM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
Market Swing Discussion: Chat Room Notes and Recaps
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Posted by Nikko_thyme on Wednesday, April 23, 2003 - 10:53 am:

Chat Notes : Wed 4/23/03 10:00 AM

weekly Signals :

SPX, NAZ, RUT : CLASS 2 SELL area

All other indices could reach the CLASS SELL area by next week depending on how the market fluctuates.

Daily Signals :

SOX, NAZ, NDX, RUT : CLASS 1 SELL (Yesterday at the Close)

SPX, OEX : CLASS 1 SELL (Intraday Today)

DOW : OVERBOUGHT

GOLD : CLASS 2 SELL

USD : LOWER MIDRANGE and may be breaking down.

The Tsunami Indicator has this week as a window where short positions can be accumulated, as the market may move higher. The minimum expected move down for the NDX is 18%.

Donald is currently holding a 69% short fund position. He is also holding short option positions.