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

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To: dennis michael patterson who wrote (15750)8/18/2001 2:51:33 PM
From: bobby beara  Read Replies (3) of 52237
 
dennis, the market sure looks like it should bounce some early next week, you got your heavy put buying, 80% downside volume, an L appearance, but if you look at the breadth oscillators on both naz and nyse, they are not oversold as larry mcmillan noticed, we are just coming out of a trading range.

here is my chart du jour, citibank playing footsie with it's 200 dma, follow the bouncing red and green arrows -g-

"http://stockcharts.com/snapshots/1286657.png

and tell me if you see a larry, moe and curly top goin on there, with the right shoulder curly rally failing on july 2nd when the vix bottomed out, ok maybe the vix isn't as bad as i thought it was -g-
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