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

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To: donald sew who wrote (23399)5/24/2000 10:48:00 AM
From: OX  Read Replies (1) of 42787
 
hi donald,

no buyers, that's for sure.
at some point tho, don't you think that anyone who wants to sell will have (or has) sold already?

i wonder what happens when there are no buyers AND no sellers? :-)

---
on another note... I'll have to go back and check for accuracy, but I seem to recall that the various double bottoms were of this pattern...

- retest went lower than first bottom
- VIX not as high on retest
- volume not as high on retest
- and of course, positive oscillator divergence on retest

and as you know, VIX is based on OEX (and w/ OEX/SPX still off it's previous lows), I wouldn't expect it to be as high now. (i still have on my todo list to find the VIX calc so I can work it up on QQQ, if anyone has it, pls do tell)
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