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

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To: Monty Lenard who wrote (35951)5/14/2002 10:33:31 AM
From: TechTrader42  Read Replies (1) of 52237
 
The trend remains strongly up with the S&P CI's -- and a little uncertain with the Naz ones, where some divergence might develop. Sentiment is still well under 50 for the Naz, so it isn't anywhere near overbought, but there's a curious lack of movement up based on options demand. Maybe traders are waiting for AMAT. Maybe options expiration isn't enough of a reason to get them in a buying frenzy. Still, there's a lot of room to the upside with the Naz CI's for now.

ST Naz CI: 43.351 42.663
MT Naz CI: 36.384 37.426
LT Naz CI: 40.754 41.578

With the S&P, the ST CI has crossed into overbought territory:

ST S&P CI: 90.063 59.696
MT S&P CI: 63.868 46.657
LT S&P CI: 68.145 58.009

Free new CI feature: Gratuitous anticipatory, self-contained bashing utility: Why you &*#&^%$ perma.... [fill in bull/bear]!!! You don't know &*%^$!

EDIT: The Naz ones are improving:

ST Naz CI: 47.695 42.663
MT Naz CI: 40.030 37.426
LT Naz CI: 43.640 41.578
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