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

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To: J. P. who wrote (7765)5/22/2001 12:24:52 AM
From: Jack T. Pearson  Read Replies (4) of 52237
 
Wrong! You aren't paying very close attention. This is a technical analysis thread. I agree with Don--my technical indicators on the VIX, S&P 500, NDX, and NASDAQ all say we are overbought. That's no guarantee things will turn down, but it is a strong caution, particularly since others who use technical indicators have independently come to the same conclusion. Does that mean sell? I'm not certain, because sometime overbought or oversold indicators can persist days or even weeks. What technical indicators do you use?
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