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Strategies & Market Trends : Steve's Channelling Thread
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To: Zeev Hed who wrote (29115)9/28/2001 8:41:58 PM
From: baystock  Read Replies (1) of 30051
 
Zeev, <the AAII is what people say, the tic, trin, Vix and VXN as well as the P/C ratios are what people do, last week, all these have gone to extreme,>

Excellent point. The AAII reading may just be part of the recent overall efforts by the elites to talk up the market (while they actually do quite differently).

<What we needed to shift the tide, was capitulation and we got it, in spades, period.>

I hope you are right since I have been buying some techs the last few weeks. Is this capitulation much more significant than what we saw last April ? And will it lead to a more substantatial rally or to just another similar bear market rally ?

Thanks for being so generous with your knowledge, I for one really appreciate it. May the god of the stock market be as generous to you !

Ram
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