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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: Bobber1234 who wrote (43261)9/2/2001 3:02:48 PM
From: idealist1  Respond to of 100058
 
Several stocks have good H-S patterns for shorting opportunities. Look at ZRAN

siliconinvestor.com

idealist



To: Bobber1234 who wrote (43261)9/3/2001 3:05:41 AM
From: Drbob512  Respond to of 100058
 
Bobber1234: Richard Arms and his ARMS index (especially the 10 dma readings) have had an excellent record, as long as you don't expect it to give the bottom exactly.

I had posted that I saw him on television showing his ARMS charts about 2 weeks ago, and since then the Dow and Nasdaq have come down considerably. So you can't ever go by one signal nor use the ARMS for exact timing.

But I give him and his indicator credit for being very good for intermediate term signals, and I think we will hit bottom in Sept or the first half of Oct, which would make his ARMs signal pretty good once again.

We shall see....