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

To: donald sew who wrote (14209)	8/8/2001 5:27:03 PM
From: Paul Shread	Respond to of 52237

Great stuff, as always, Don. >>Overall, the break of the PENNANT in the DOW is quite negative, so Im suspecting that the forthcoming rally should not be that strong.<< I show that consolidation holding, but I agree that it's lights out below that. cache.wsrn.com

To: donald sew who wrote (14209)	8/8/2001 6:09:02 PM
From: Paul Shread	Read Replies (1) \| Respond to of 52237

You're right, Don. Dow consolidation broke to the downside. Just did a close up: cache.wsrn.com

To: donald sew who wrote (14209)	8/8/2001 6:47:31 PM
From: Justa Werkenstiff	Read Replies (2) \| Respond to of 52237

Donald: Re: "The SOX was down 4.90%, so it is leading the the NAZ/NDX to the downside. As mentioned previously, it was interesting that the SOX could not lead/boost the NAZ/NDX to the upside during the previous upswing, but is leading to the downside." It means the Sox pump was all air with no holding power. The Nasdaq caboose did not hitch a ride with the Sox express. Negative divergence. Re: " My readings on the VIX is a little out of line with the indices since it would take 2-3 days to get a CLASS 1 SELL signal(buy signal on the market) while the indices are hinting that we could get CLASS 1's as early as tommorow. Not sure what to make of it right now - so will be watching it carefully. " It suggests to me that this market could flush more than most think. The complacency with the decline thus far tells me that there is complacency with the fact that we are bouncing along the bottom, trying to find a base to work higher and so forth. The bull's last stand (I have heard it enough on CNBC now) is that we are above the bottom and that is good news. This is how they justify their take that we are in a new bull market. It is their line in the sand. But they have sold it so hard that there are no buyers left whether new longs or shorts covering. They sold the bull. The selling has been relentless. One after another on CNBC selling stocks and more stocks and a sector like the SOX and the market and their fund. Blah, blah, blah, blah, blah. A buying vacuum was created. Everyone who wanted to be in was in. Again, this created a perfect scenario for the bulls to eat their own and that is what they are doing now. Now, of course, we will get the other side soon enough for a bounce where the bears eat their own by starting to short on the late side.

To: donald sew who wrote (14209)	8/8/2001 9:21:38 PM
From: Haim R. Branisteanu	Respond to of 52237

Analysis of end of Day Closing prices and recommendations in the US Stock Market, or the Den of Thieves & Swindlers This is the most effective list, but validate signals. Results are relative to the SPX and move relative to the SPX - Haim see more data & info including stock charts from this scan at: home.nyc.rr.com and also see Today Charts who are updated every several days Today is 08/08/101 Remember this is a computer scan only S&P Closed 1183.55 S&P Change -20.850 P/C Ratio VXN Recommendation Price Stoch. RSI RSI RS Change ROC% BUY SIGNAL ON ADM 13.200 21.905 44 1 107 SELL SIGNAL ON QCOM 65.090 83.234 54 -5 -22 SELL SIGNAL ON ITA 7.950 86.325 49 -2 -13 SELL SIGNAL ON FLH 4.650 76.944 68 0 -27 SELL SIGNAL ON PMCS 35.130 86.295 59 -4 -8