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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: SpecialK who wrote (46632)8/13/2003 4:54:27 PM
From: Terry Whitman  Read Replies (2) of 52237
 
I'd have to guess by the name 'lowrisk' that the site is mainly frequented by conservative types. The data reflects that- as there are rarely more bulls than bears, and when there are, you can be pretty certain that a market high is in the making.

OTOH- When you see a huge bearish spread like this weeks'- you can be pretty confident that there is a market low in the making..

But I am also basing my call on market internals appearing to have bottomed out. Those can invert pretty quickly however..
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