Massacre on Wall Street Message Board

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Strategies & Market Trends : Massacre on Wall Street

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To: yard_man who wrote (17)	1/26/1999 3:32:00 PM
From: Cynic 2005	Read Replies (2) of 92

Here is my check list for crying Wolf one last time: 1. P/C ratio: ~0.42; Put percentage 24; 2. Nasdaq up 20+ three days in a row with sub 900 mil volume. (even if it is up intraday, it is OK.) 3. More NL than NH on NYSE and NASDUNG 4. Usual suspects: I will check for a few bulls taunting bears and bears assimilating. When I see all in one day that would be perfect. Ok to see them in two successive days also. That would be a perfect stage for massacre. Then, I will declare the arrival of Mamabear with nukes (hockey mask is old style! -g-) As of today - we could very well have 1. we could have 2/3 of 2. we already have 1/2 of 3. No. 4 is an ongoing saga.

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