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

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To: John Carson who wrote (26572)12/27/2001 1:44:14 PM
From: TechTrader42  Read Replies (2) of 52237
 
The seminars are basically geared toward recouping the trading losses of the principal speakers, John. You'll be introduced to a wide variety of custom TA indicators that look impressive but are essentially worthless. We'll also explain to you why it'll be your fault when the indicators don't work, because of your lack of trading discipline. The cost of the seminars will be exorbitant, but the trading losses have been substantial this year. Think of the fee as your contribution toward a bailout for the nation's ailing stock guru industry. If you feel any hesitation about it, your patriotism will be questioned. I look forward to seeing you there. It's BYOB.

The LT S&P CI appears to have reached 99.6 while I was out. Very interesting. So the S&P numbers intraday would have been 100, 100 and 99.6. Whether it'll lead to a breakout or reversal remains to be seen. Either is possible. I've already said which way I think it'll go, but quite honestly, I'm wrong at least half the time. Bob has posted some interesting CBOE P/C numbers lately. Again, they're overbought.
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