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

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To: donald sew who wrote (40897)	1/13/2001 8:39:25 AM
From: Ibexx	Read Replies (1) of 42787

Hi Donald, Would appreciate your comments/thoughts on the following statement by Lawrence McMillan of optionstrategist.com: [courtesy of disu] "However, looking at history, we find that when the market is this overbought (in terms of the oscillator) and it's just beginning to rally out of a fairly nasty decline, then the overbought readings are bullish. That is, emerging bull markets are overbought initially and may remain that way for quite some time Message 15173834 TIA, Ibexx

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