Stock Attack II - A Complete Analysis Message Board

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

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To: Claud B who wrote (26574)	12/27/2001 7:35:31 PM
From: TechTrader42	Read Replies (4) of 52237

Claud: It (the VIX) could still go lower, as you know. It was slightly lower in June & July, and in the 18-19 area in Aug. of 2000. The VXN could go lower, too. Whether things can get that optimistic remains to be seen. It'll be interesting getting stopped out of shorts again, no doubt. But as you can see, the volume adds yet another questionable element to the rally. The CI's ended the day overbought, of course: ST Naz CI: 98.273 MT Naz CI: 87.552 LT Naz CI: 97.087 ST S&P CI: 98.008 MT S&P CI: 98.008 LT S&P CI: 99.039 Note how the Dow closed slightly above the 200 SMA today. Also, look how the COMPX is at the middle B band. If it broke above it, it might head to the upper band, at around 2050.

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