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

To: JRI who wrote (13778)	8/3/2001 1:10:28 PM
From: TechTrader42	Respond to of 52237

Not without a lot of trouble, JRI. They're based on EOD data, and I'm too lazy to put the intraday data into the spreadsheet by hand. My guess right now is that the Nasdaq CI is slightly down (bearish), and the S&P CI probably hasn't changed all that much, because there's been some divergence today with demand for calls while the market has been falling. But I'll see for sure EOD. I could create a spreadsheet that gives intraday numbers for the CI, using RT data. It would use daily data still, but the last row would have the latest intraday close for today. Maybe I'll do that this weekend. I know anything can happen, but I think the picture was clear with the CI's last night. My interpretation would be bearish, because of high ST and LT CI's. For those who are long, that would suggest to me the need for some caution. But that's only my interpretation. Others still see the possibility for a breakout to new highs. Certainly, there are some indicators that would suggest as much, such as MACD with the Nasdaq composite. TA is rarely, if ever, a matter of black and white. But as I said, I lean toward the darker view now. And I could well be wrong.