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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Softechie who wrote (26956)1/4/2002 1:53:11 AM
From: Vitas  Read Replies (1) of 52237
 
it was a bear market rally while the 1 percent moving average of the NYSE and NASD up - down volume oscillators stayed below zero, and the NYSE a-d line stayed below the 1982 through 1994 trendline

now it is probably a bullmarket rally, unless some or all of the above go back below zero and/or the a-d trendline breaks back below that trendline

monetary conditions are considerably more favorable than they were during the 1973 - 1974 bear market rally
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