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


To: Justa Werkenstiff who wrote (16405)8/22/2001 8:09:42 PM
From: donald sew  Read Replies (3) | Respond to of 52237
 
Justa,

>>>> Found the NYSE chart. What's your read?
stockcharts.com <<<<

The only conclusion I can make is that it is bullish since the APRIL LOWs. However, please note that thoses charts are limited to the specified timeframe, where it starts from ZERO. I feel that a better chart using the CUMULATIVE function would be a chart that starts at least from the main peak on the DOW at 11,700.

Hope I made sense.

Seeya



To: Justa Werkenstiff who wrote (16405)8/23/2001 7:41:56 AM
From: Jerry Olson  Read Replies (2) | Respond to of 52237
 
Morning Justa

whats very interesting to me is the fact that the NYSE group of stocks has outperformed the NAZ for almost 2 years..right now 3 indicators i follow are bullish on the NYSE stocks...while every indicator on the NAZ/OTC has been in a free fall for awhile now...

last week..we got a buy signal on the 30 week moving average on the NYSE...stocks above their 30 week...and of course their 10 week..are in a buy signal...

the OTC is in deep trouble...so we could trade the NYSE stocks on the long side...and short the NAZ stocks at will..

almost every big cap NAZ tech stock has broken down...CSCO--EBEY--MSFT-ORCL etc etc..

these stocks are shorts..if/when they rally up..

so it's been a divided market to say the least..

regards

OJ