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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Stephen who wrote (12249)7/20/2001 9:30:56 AM
From: TechTrader42  Read Replies (2) of 52237
 
A quick scan shows that the margin is about 2 to 1 for those above the 200 vs. those below. What that purports to show, I have no idea. Two possibilities:

a) Things aren't nearly as bad as people imagine. It's not a severe bear market. Most stocks are above the 200-day MA. We can look forward to a spectacular summer rally.

b) The bear market is hardly over. There are a lot of stocks that remain relatively strong, but for how long?
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