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


To: TechTrader42 who wrote (12104)7/19/2001 9:19:23 AM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
I'm referring to II, which came in something like 52-23 bulls-bears last night. That will take weeks, if not months, to work off, whenever the next down move comes. We're in different timeframes here.



To: TechTrader42 who wrote (12104)7/19/2001 9:24:56 AM
From: catman  Read Replies (1) | Respond to of 52237
 
Brookelise...

I don't see any doom and gloom scenarios any more than I see any sustained rallies in the near term. The current market conditions are much like our last presidential election.....a 50/50 split. And the market is a barometer of how the American public is feeling. The sell off in the NAS was not so much the bears winning the tug of war....the smart bulls cashed in. I think we will remain in a tight trading range for some time as the struggle between bulls and bears has reached equilibrium......one day good, one day bad, and so on. Just my opinion.....
Good Luck



To: TechTrader42 who wrote (12104)7/19/2001 12:09:46 PM
From: yard_man  Read Replies (2) | Respond to of 52237
 
I think one could make a reasonable argument that the VIX was low yesterday given the recent moves in the market -- not bullish, but not really bearish either -- I'll go back and read don's latest, but I would bet he would have had the VIX in the mid-range yesterday ... (disclaimer: Not a practicing TA artist)