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

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To: Chris who started this subject1/30/2002 10:21:31 AM
From: TechTrader42  Read Replies (1) of 52237
 
Here are the CI's for today, yesterday and the day before:

ST Naz CI: 48.703 65.330 100.000
MT Naz CI: 48.703 65.330 100.000
LT Naz CI: 91.092 93.979 100.000

ST S&P CI: 2.167 8.417 98.082
MT S&P CI: 2.167 8.417 98.082
LT S&P CI: 83.520 87.170 99.775

The S&P ones are oversold in the ST and MT. They keep hitting 0 in the ST and MT. Transports are up, too, though that index is pulling back now.

If the S&P ones close at or very near 0, there could be a bounce soon. Intraday, it's hard to call here. The fact that the S&P CI's are close to 0 would seem to indicate the possibility of a bounce. But who knows?
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