Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: AllansAlias who wrote (81903)	3/17/2001 5:26:24 PM
From: John Madarasz	Read Replies (1) of 436258

Interesting increase in the commercials on the NDX... I also noticed that the commercial %COT snp that I mentioned to you has risen again this week to a new record of 973871... up from 971999. This indicator has yet to roll over. . Once the net commercial %COT turns down from a high point, the history of the indicator suggests we can then look for a low in the stock market. The %COT seems to rise and peak into a stock market bottom. It's rise is a coincident indicator of the bottom. sharelynx.net This from another site I like to read...I Just reviewed all weekly indices. There is no bottom in sight. There is NO safe sector. This is a TRUE bear market. GOLD/XAU are goners short term, maybe even longer term. MISERABLE sticks this week...the last thing you wanted to see outta the latest bull? run. XOI/OSX/CRB, same. Paper, same. RETAIL is about to take a THUMPING. SOX on the verge of a massive H&S breakdown that would ultimately take it back down to '98 lows. Trouble in paradise for sure... Monday we rally<gg> Nice cot brafoo btw... very nice. Best, JM

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