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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 (47833)	2/3/2004 3:30:24 PM
From: Compadre	Read Replies (1) \| Respond to of 52237

I would say yes on the NAZ and NDX, but the DOW , SPX could go either way.

To: Paul Shread who wrote (47833)	2/4/2004 11:22:44 AM
From: Michael Watkins	Read Replies (1) \| Respond to of 52237

If they are bear flags, only the Nasdaq hit target today. Here's one Nasdaq market internals chart showing the relationship betwen advancers/decliners and a/d volume and market swings. Note also that the COMPX has retraced as of today 50% of the major swing up: trendvue.com The NYSE Composite is a long way from a retracement of that size... but also showing the same a/d relationship to price. trendvue.com And the SPX hasn't hit target yet either (Jan 29 lows). Depending on how the chop plays out today, perhaps pause day and then continuation?