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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: bobby beara who wrote (22016)8/24/1999 2:27:00 PM
From: James Strauss  Read Replies (2) of 42787
 
tomorrow's reaction is key, my buddy James Strauss will tell you that the summation index is turning up from a coincident low in March and that the 4 year cycle was in 1998 and the bull market is still intact and it is unlikely to visit these lows for another 4 years, even though the breadth sucks and the valuations are extreme the possibilities of a 1929, 1973, or 1987 are just that, possibilities, the speculators edge for that was killed now that the Dow has hit new highs and has not confirmed the transports break to new lows.

Bobby:

I couldn't have said it any better... : >

Also, notice the Bullish double bottom formation on the Summation Index...
decisionpoint.com

We're heading higher...

Jim
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