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

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To: donald sew who wrote (19246)9/19/2001 6:57:39 AM
From: Jerry Olson  Read Replies (2) of 52237
 
Don, Morning

the NDX bullish percent is now at 6%...to say it's oversold is a big understatement...

my guess is we'll rally very soon at least 50% of this recent selloff..despite all the bandwagon bears out there...

we both were looking for a pop last week, prior to the event...

it was postponed but not forgotten...i'm not shorting this week...and will look to the long side this am. pre market...

the DJIA is dynamically oversold as well...of course every chart we look at looks lousy..but thats what bottoms are made of...
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