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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Paul Shread who wrote (44088)4/14/2003 5:37:35 PM
From: Neville H. J. Gorman  Read Replies (2) of 52237
 
Yeah Paul, I am seeing the same thing, but then again I am eying the last major downmove in VIX in 2001. We didn´t reach the lower BB band at that time, but it still looked like a major reversal to fool a lot of folks me included. I´d like to see a "clean" reversal, i.e. a lot of indicators flashing "sell" at once. We aren´t there quite yet. Maybe a higher high in II-bulls coupled with lower highs in the indices will do the trick. Anyway if we turn, there should be plenty of opportunity to get on the bandwagon!

Neville
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