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

To: dennis michael patterson who wrote (48658)	4/13/2004 10:57:46 PM
From: Compadre	Read Replies (2) \| Respond to of 52237

If it wasn't for this week being option expiration week, I would have said that the NDX is heading for some more down this week. But since it is expiry, I will give it a benefit of the doubt. But I am not going to count out the possibility of a the NDX is turning the corner in the intermediate term. The chart certainly suggests it. The next defense is the 55 MA. As for intc along with other big boys like ibm, csco, mot, jnpr, hpq, etc. they look like they are ready to roll over. I just don't like the looks of this, but I could be wrong. stockcharts.com[r,a]daclyyay[dc][pb55!d21,2!f][vc60][iUp9,1,5!Lb5][J22223395,Y]&pref=G