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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jack T. Pearson who wrote (6131)	4/20/2001 3:58:17 PM
From: Paul Shread	Read Replies (2) \| Respond to of 52237

I'd be careful here; Monday and Tuesday are potential turns/volatile days. I think this rally may have a way to go still, but I'm open to the possibility that the turn may have arrived. If the turn has arrived, I'd become very bearish, because we'd be failing at the January bottoms on the COMPX and SPX, which is not a good sign. The Dow is the most overbought of the major indexes by my readings. The SPX and COMPX could surprise with more upside, but the Dow has a lot of overbought indicators. If the Dow can continue up, that would probably be a bullish sign for the market as a whole (akin to what Don has said about the negated Class I Sell signal).