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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Paul Shread who wrote (24028)11/14/2001 10:10:49 AM
From: TechTrader42  Read Replies (1) of 52237
 
The signs of weakness I see are the sentiment indicators and the technicals, which are all overbought. Stochastics is up near 100, MACD is overbought in several time frames, etc. The CI's continue to weaken this morning. Whether people will buy the dip, as they kept doing yesterday, is another question. The bulls are certainly sounding like their old selves. Maybe that's the most obvious bearish factor to consider.
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