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Politics : High Tolerance Plasticity

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To: gravity rules who wrote (13419)4/22/2002 11:19:53 PM
From: Warpfactor  Read Replies (2) of 23153
 
BuySellOil:

Looks like you and I are the remaining tech fans. For the record, I don't own a whole lot right now - a little KLAC and CY.

I'm watching for the market technical indicators for opportune buy signals - I do not try to catch falling knives willy-nilly. Not saying that you do, but there was such an accusation:

Indicators signaling buy
-ARMS Index - gave intermediate reversal signal 8 trading days ago. After today it is evident that markets are still hunting for a bottom
-3 week vs. 39 week put/call ratio - The average put/call ratio - 3 week moving average is 13% higher than the 39week moving average. An oversold signal. 20% would be very rare - happened twice in the past 5 years. The 13% was before todays action getting factored in. (12% is considered the primary oversold threshold)

Waiting on:
MacLellan Oscillators for NYSE and NASDAQ to reach oversold
VIX > 30 would really be great

Warp
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