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

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To: TechTrader42 who wrote (23562)11/7/2001 8:48:24 PM
From: byhiselo  Read Replies (1) of 52237
 
perhaps Bloch was referring to the

50/200 dma on the put/call which is
still quite high(bullish) in historical terms:

stockcharts.com[h,a]daclyymy[d19980101,20011107][pb50!b200][vc60][iUb14!La12,26,9]

it takes quite sometime to work-off the put interest
in these time frames

above indicator notwithstanding, i'm short-term bearish as of today, waiting for a decent pullback to relieve overbought conditions, will then cover shorts and consider longs again

as for a retest of sept. lows, sooo many expecting....
wanting...waiting for it to enter longs...market is rarely so accomodating....

cheers
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