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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Teresa Lo who wrote (1305)8/31/2001 12:25:06 PM
From: Robert Graham  Read Replies (2) | Respond to of 8752
 
I have returned from a long term break from the market. Good to see that you recreated your business and are on top of things once again. And I see you have written a book that looks to be very interesting. :-)

Has there been any signs of "covert" accumulation of specific stocks as the market has been consolidating before this latest sell off started? Also what are the sentiment indicators pointing to? VIX looks like it has hit resistance.

I think a rally attempt by the market at this point may be a bit premature for me to place any significance toward it. But as they say, it can be worthwhile to anticipate, but it is more important to trade what actually happens.

Bob Graham

PS: I miss your chat room!



To: Teresa Lo who wrote (1305)8/31/2001 3:25:27 PM
From: Venditâ„¢  Read Replies (1) | Respond to of 8752
 
Two positives in place not looking out a couple of days;

A higher low in place today indicates the beginning of a "very" short new uptrend and an inverted hammer which many times will mark a bottom.

askresearch.com

As you may know, marking a bottom after seeing the toilet indicator formed can be a be an uplifting experience.

:8-)