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

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To: eichler who wrote (32616)10/11/2000 7:48:12 PM
From: Galirayo  Read Replies (1) of 42787
 
Capitulation ... who says we need it?

And Why? And What will be the determining factor of Qualification of Capitulation?

Is this a Bear or not?

Still looks to me like it's a violation of the Long Term UP Linear Regression Channel .. 3 year time frame. If it's a Fib retrace ... no Capitulation is needed. It looks like the NAZ did the Capitulation thing already. I don't see how we need to go any further south.

Under valued issues will hold up the market while the over valued get crushed. I think we are almost there if we have not arrived today.

I would Guess Very Few are on Margin today. I would not even consider it. Most won't after the April - May Trashing.
I'm sure that taught some a new lesson ... let's hope they remember till we get a "real rally"!

Ray
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