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

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To: donald sew who wrote (42585)2/14/2001 4:31:43 PM
From: dawgfan2000   of 42787
 
Thank you Don. I think I miss interpreted your index update to read that a divergence in the lows/highs might be signaling a low. At least they caught up to each other to finish flat for the day (H75 L76). The DOW certainly kept pace, hi's =165, lows 26.

<Even if the NDX/NAZ retests its lows now, or even produces a slightly lower low, but the NAZ NEW HIGHs/LOWs do not deteriorate significantly, then that would imply that there could still be another major sell-off in the NAZ. So unless the the NAZ NEW HIGHs/LOWs deteriorates significantly with the RUT breaking its RISING WEDGE to the downside, along with deterioration in the BTK, there will still be the RISK of another major downleg.>

BTW, have you ever poked around the Russell site? Tried to get you some volume numbers on RUT 2000 but no luck (yet!)http://www.russell.com/
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