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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Saulamanca who wrote (19041)	6/27/2001 8:06:35 PM
From: James Calladine	Respond to of 30051

ALA CEO SAYS: <<<Today's remarks come as Tchuruk, speaking yesterday at the Wall Street Journal annual CEO summit in London, said the slump in the technology market may be coming to an end. ``In the U.S., it looks like we've hit the bottom,'' he said. In Europe, ``overall I think the market has hit the bottom. The question is when it can recover.''>>> full article at: bloomberg.com. Namaste! Jim

To: Saulamanca who wrote (19041)	6/27/2001 9:21:35 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 30051

Jim, do you know what do they take as the starting price, the 4:00 PM close or the AH "end price", I would guess the former, but do not know for sure. Zeev

To: Saulamanca who wrote (19041)	6/28/2001 12:42:38 AM
From: gfs_1999	Read Replies (2) \| Respond to of 30051

Jim Bryan, Trin NAZ is useless from D Hays Q&A site Question: I’m a new subscriber. My question is: Since the Arms index is based on the NYSE, does it have validity for the NASDAQ? Same question regarding the Smart Money Index? That’s a good question, and all I can say is that even though I have not done the study for the NASDAQ for the Smart Money Index, I did calculate the Arms index for the NASDAQ for many years. I found it totally useless for the NASDAQ, and my analysis came to the conclusion that the inaccuracy of the volume counting on the NASDAQ (double counting) greatly distorted the message. Even though I no longer do that study, I have noted that Mr. Arm’s conclusions of the extremely high readings on his NASDAQ Arms calculations in recent years has not yielded very accurate predictions. This statement is not really fair, since I don’t read his comments unless someone simply refers one of them to me. But in this regard, many of you were telling me about 6-9 months ago when I was so bearish on the NASDAQ of his wildly bullish comments of that time. So if I was misinformed, and you are a regularly reader of his, please let me know and I will pass that along. But for me, I don’t think I even care whether it is good or not. The one he developed many years ago for the NYSE, and the one that is so bullish now, is enough for me.