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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 (16650)	8/24/2001 11:32:24 AM
From: TechTrader42	Read Replies (1) \| Respond to of 52237

After reading your recent posts with your signals and analysis, Don, I felt I was pretty much on the same wavelength. With your buy signals, you made some cautious statements about how long the rally might last. My CI's were turning up and bullish for the short term, but too high for the long term, and capable of maxing out very quickly in the short term. I think they might max out today. The ST CI for the S&P was in the 90s a few mins. ago. That doesn't bode well for a lasting rally, unless it's a genuine breakout. In the latter case, the CI's would linger in the 90s for several days while the market breaks out. That's certainly possible, of course. But the other scenario is a drop later today or tomorrow, back to more reasonable levels of complacency. It's possible, too, that the LT CI's could head into the 90s in a longer rally. Etcetera, etcetera. Have to go back to my panhandling.