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

To: ViperChick Secret Agent 006.9 who wrote (10885)	6/28/1998 6:35:00 PM
From: Chris	Read Replies (1) \| Respond to of 42787

MKT THOUGHTS: this upcoming week will be cruical. we need to continue to move higher. weakest index is the djia. then naz, spx, then ndx being the strongest. couple things: SPX has not broken out to new highs with vengance. That is not a good sign. hopefully we will see what will happen this week. However, Nasdaq/NDX have both moved quite far from its lows. I also want the NAZ to hit new highs as well. Dow needs to catch up.. it needs to break the pink resistance line that nancy and I were talking about. summary: even though we have rallied a bit (mainly techs), i still urge caution. As you know, all indices move together. With the Dow lagging, naz/spx NOT breaking to new highs with vengance are all signs of weakeness IMO. Furthermore, just to let you know, i STILL DO NOT HAVE weekly buys on the mkt. Until I get weekly buys on the mkt, I would still be cautious.