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


To: uclatrader who wrote (19520)2/23/1999 2:00:00 AM
From: Chris  Respond to of 42787
 
hi all.. been busy..

as noted since last week, retails continue to move strongly. DOW has a buy signal and broke the 9400 resistance..

Greenspan might weaken the market somewhat but I want to see a good close.

NAZ still on sell signal but broke a short-term downward trendline to the upside today.

Very bullish for the next month until late MARCH or early APRIL for a BIGGER correction..

Couple of cautionary notes:
1) today's volume was light
2) adv/decliners was not that strong as I wanted.

Again, DOW on BUY signal.



To: uclatrader who wrote (19520)2/23/1999 2:29:00 AM
From: Chris  Read Replies (1) | Respond to of 42787
 
PLAY OF THE WEEK

geocities.com

this is not a recommendation to buy or sell. merely an illustration of how I use my charts to trade.



To: uclatrader who wrote (19520)2/23/1999 2:46:00 AM
From: Chris  Respond to of 42787
 
note: spx still on sell signal (very close to buy signal though)

picking the right stocks is extremely important this year.



To: uclatrader who wrote (19520)2/23/1999 10:49:00 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
SPX ON A buy signal today.

So we are now waiting for the NAZ to catchup (which is still on sell signal).

my gut feeling is breakout to new highs next week.