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Strategies & Market Trends : Classic TA Workplace
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To: 4rthofjuly007 who wrote (68930)3/18/2003 11:10:51 PM
From: NOW  Read Replies (1) of 209892
 
from Mendelson (Schwab and a big proponent of the inverse H&S):
"The recent historic TRIN readings, the behavior of NYSE Specialists, the most positive
reading ever of the Last Hour Indicator, and the sharply diminished weekly and daily NYSE new
low statistics on this recent “test” of the July and October low point, in my view, to a July 24, 2002
market bottom and an eight month consolidation above that low. The stage appears set for a major advance "
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