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

To: bobby beara who wrote (45088)	5/28/2003 1:54:17 AM
From: Compadre	Read Replies (1) \| Respond to of 52237

How are you Bobby? < there is no doubt there has been a lot of fear and capitulation during the last three years, is it enough to take out the trading range to the upside? > The NDX took out the Dec high today. So far, I would say it is a legitimate breakout on high volume. The 55 w ema is turning upward. Is that enough momentum? who knows. But I am not going to argue with the trend. If we turn back down and close near monday's open before the week is over, then there may be a chance that we have topped out. Other wise, I'd say we go higher.