Stock Attack II - A Complete Analysis Message Board

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

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To: stockman_scott who wrote (3779)	3/22/2001 2:29:12 PM
From: adcpres	Read Replies (2) of 52237

Stockman: Great song! Did get me to laugh even though this is a pretty sad day. I can't see how the semiconductors(SOX) can stay up given the certainty the Book-to-Bill is not going to be anything to write home about. Looks like these stocks are the only thing keeping the NAZ from tanking today which could give us a large gap down for the open tomorrow on a B-to-B "sell the news". I am very concerned the way the ZTRIN and up/down vol look today. Usually a ZTRIN in the .3 range results in a good rally BUT the dec/adv has been 3:1 or higher with the dn/up vol nearly equal for most of the day. I would much rather see it the other way around with the dec/adv nearly equal and the vol ratio 3:1 to give a ZTRIN of .3 If this is distribution, the drain plug is going to get pulled. Watch out. GH

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