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

To: John Pitera who wrote (17468)	8/31/2001 2:16:43 PM
From: Paul Shread	Read Replies (1) \| Respond to of 52237

Great info, John. My own guess is we could still head a lot lower. I think the ARMS index has clearly lost relevance. I count 30 straight months that the TRIN has moved above 2.0; before 1999, it was a rare event. Look at the 1998 moves above that level: big white monthly candlesticks, not these big upper shadows that have happened in every month for the last 2 1/2 years. Unlike 1998, fear hasn't been sustained. Yet. JMHO. stockcharts.com[w,a]maclyymy[pb50!b200!b20][vc60][iLl14!La12,26,9!Le12,26,9!Lh14,3!Lg]