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

To: Chris who wrote (7895)	4/26/1998 11:15:00 PM
From: Magnatizer	Read Replies (1) \| Respond to of 42787

Chris Not looking good here. the only short term indicator which I check that is in an uptrend is stoch 4,3,2 and it is coming onto overhead resistance from a IHS neckline. If it can somehow break that line the other indicators may turn but that is not likely. I notice many of the stocks which I have looked at today are getting very weak which is reinforcing my belief that a correction is eminent. Looking for S&P to find support from 1000 area. If that fails I look to 932 to hold. Getting cash ready to pick up some bargains. I almost look forward to the corrections because I know th underlying fundamentals of the market are strongly bullish and every correction leads the market to its next level. Very orderly and calculated assent on a logrithmic scale chart on all indicees I look at. ht david