Stock Attack II - A Complete Analysis Message Board

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

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To: Terry Whitman who wrote (41442)	12/10/2002 7:04:09 AM
From: Vitas	Read Replies (2) of 52237

>>Can I ask why crossing above zero now means LT bullish? It certainly didn't mean that when it crossed over last march<< 'cause i sez so -g- just look at the long term chart various failures right at zero ostensibly there are many reasons why October likely was the bottom a cross above zero would confirm it, although if it backed down again below zero you would have to reverse - no big deal there are reasons why October could be at least re-tested or even taken out primarily because the 1 percent udv oscillator did not get oversold to the degree that it did at a the major market bottom in 1974 interesting analysis: "Sherman MCClellan says that the market has very little ability to go up without a significant consolidation first. In addition, he points out that the Summation Index does not show that we have a new bull market." aegeancapital.com aegeancapital.com

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