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

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To: donald sew who wrote (16716)8/24/2001 8:32:19 PM
From: James F. Hopkins  Read Replies (2) of 52237
 
Class 1 BUYs ? Or did you mean sells ?
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I think what the dollar does will dictate
the market more than any other "one" thing
----------------
You seem to have added a New HI/LO thingy
to your posts, ( what would you have if you
dropped taht. ?
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Rydex OTC Fund went over sold on the 17th,
and even more over sold on the 21st..
( people bailed out even more than the April 4th
lows )
They came back in some on the 22nd
but jumped right back out on the 23rd,
I don't have today's data yet.
---------------
Mo Mo is exceptionally strong, but that happens
on short covering and with the amount of shorts
on the market I can understand the low VIX ,
( if I'm short stock I don't buy puts )
----------------
What the Dollar does is the big question.
If it rallies stocks will follow.
( and shorts are all over the dollar too. )
Jim
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