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Strategies & Market Trends : The Options Box
QQQ 626.24-0.1%Jan 13 4:00 PM EST

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To: Lost to Voodoo who wrote (7436)11/18/2000 7:02:05 AM
From: Poet  Read Replies (1) of 10876
 
Vood, Did you read this post made on Stock Attack last night? The COMPX chart doesn't look very healthy. I'd love your opinion.

o: CRUSADER4TRUTH who wrote (35872)
From: John Madarasz
Friday, Nov 17, 2000 9:38 PM ET
Respond to Post # 35873 of 35879

Four days of distribution already this month... a defensive posture is warranted

stockcharts.com[L,A]DA...

no rally of any substance has developed this year, this early in any month, after 4 days of distribution

in fact 30% of the days in the last 3 months since the sept 1st top of 4259.9 have experienced distribution at higher
prices than todays close. That's about 15 out of the last 54 sessions... and the COT still stands at a record short
79000 contracts. Something to think about anyway.
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