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Strategies & Market Trends : P&S and STO Death Blow's

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To: Zeev Hed who wrote (16833)11/23/2002 6:44:37 PM
From: exp  Read Replies (1) of 30712
 
ZEEV, I'd like to congratulate you on maintaining a pretty unbiased view of the market and recognizing a major low in the July-Oct period. It is almost impossible to predict how far up or down the market will go longer term (even though Jeff here has been remarkably successful) but it is certainly possible to recognize a major top or bottom using some of the more reliable sentiment indicators.

As far as SOX, this weekly chart:
stockcharts.com[f,a]whcaynay[df][pd20,2!f][iUi10,10!Uh5,5!Up14,3,3!Ub14]&pref=G

shows that if a March-like SOX spike occurred again, the upper BB (currently at 385) might be challenged at some point.
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