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: Nancy who wrote (49210)	5/10/2004 11:34:08 AM
From: Paul Shread	Read Replies (1) of 52237

Yes, that's true. One short trade really did him in, as I recall. His system seems to rely on extreme overbought or oversold readings in a number of indicators, which can stay that way for some time in a strongly trending market. On the other hand, with the equity put-call ratio above 1 and the NYSE toying with 90% downside volume again, we may not be that far from a low. At least when it turns, it should turn strongly, I think.

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