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

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To: Terry Whitman who wrote (38301)7/23/2002 9:32:31 AM
From: Paul Shread  Read Replies (1) of 52237
 
The Dow is getting as oversold as it was at the September bottom, but is still missing +DI under 10:

cache.wsrn.com

At least in recent years, a VIX of 55-60 has produced a better bottom:

cache.wsrn.com

Those SPX crows look pretty good to me:

cache.wsrn.com

Could bounce to ~865 or so first, the middle of the pattern. Or maybe not. -g-

I think I woke up in a parallel universe:

08:26 ET CIBC upgrades select gold stocks : CIBC upgrades ABX, MDG, GG, and GFI to STRONG BUY from Buy based on price; firm sees excellent upside for gold stocks based on their 2003 target gold price of $350/oz, and believes the group should continue to benefit from broader market uncertainty. Price targets are ABX $25, MDG $22.50, GG $14, and GFI $20.
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