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


To: Haim R. Branisteanu who wrote (44649)5/9/2003 11:54:45 AM
From: Frederick Langford  Read Replies (3) | Respond to of 52237
 
Market Swing Discussion: Don Sew's Chat Room Notes and Recaps
------------------------------------------------------------

Posted by Nikko_thyme on Friday, May 09, 2003 - 11:07 am:

Chat Notes : Fri 5/9/03 10:15 AM

Weekly Signals : OVERBOUGHT Area

Daily Signals : MIDRANGE Area (at yesterdays close)

Donald is watching for signs from the DOT and the BTK index, which
contain small/mid cap stocks, to move lower and signal an end of the
rally. It is common for these stocks to move higher near a top.

The BTK has a 3 Black Crow Pattern.

The DOT has a possible Island Reversal Pattern developing.

Donald is holding a 91% short position. He thinks this (may) be the
high of the year for the mkt. His opinion regarding a potential
Tsunami development has not changed.

Fred



To: Haim R. Branisteanu who wrote (44649)5/11/2003 11:59:16 AM
From: James Strauss  Read Replies (1) | Respond to of 52237
 
Haim:

From an intermediate term perspective the McClellan Summation index has been above its 10 day MA...
stockcharts.com

It has now moved above its 20 day MA... We could see a channel develop between the 10 and 20 day MA's... This would be bullish... A drop below the 10 day MA would be bearish...

Jim