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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 (17659)	9/4/2001 5:51:28 PM
From: Paul Shread	Read Replies (1) \| Respond to of 52237

Don, Thanks for the great info. What the heck was that ugly candlestick on the SPX today? Looks like a long-necked doji or an upside-down dragonfly, if there is such a thing. COMPX broke a bear flag, with downside potential to about 1650. Guess it could rally first before it tanks. INTC and CSCO giving presentations later this week. cache.wsrn.com

To: donald sew who wrote (17659)	9/4/2001 6:00:19 PM
From: The Freep	Read Replies (2) \| Respond to of 52237

Don. . . if the market goes down tomorrow and gives Naz class 1 buys, that sets up something interesting (well, to me). The Arms thingee from last week (two days in a row over 2.0) predicts a bottom "no later than" this Thursday, per everything I've read about it. From that bottom, a rally of 16% or more is supposed to happen. Anyway. . . that could line up with your Naz signs, but not with the Dow/SPX ones? But could they be at Class 2 by then. . . or even intraday Class 1's? I realize this is looking "far" into the future, but while I have plenty of doubts about the Arms signal's usefulness, it has batted 1000 so far and the chants of "it's different this time" work no better for bears than for bulls. So, I'm looking for ways that we could get some sort of bounce/rally within the signal's time frame so that it can remain a perfect indicator of some sort, even if not of a bottom. the freep

To: donald sew who wrote (17659)	9/4/2001 6:42:55 PM
From: Justa Werkenstiff	Read Replies (2) \| Respond to of 52237

Don: Like I said last week, it seems like March/April all over again. At the end of March we had a couple of down days and a pause to refresh on the last day of March -- a Friday -- just like we did last Friday. Selling resumed as we turned to April for three days. Just for fun, FWIW, I tracked down your readings for April 3rd market a day before the April 4th bottom. Interesting, they look similar to your reading today except for the Vix and the trin. NOTE the TRIN read for that day --was over 3.0!!! By Donaldsew on Wednesday, April 04, 2001 - 08:55 am: Edit APRIL 3 INDEX UPDATE -------------------------- Short-term technical readings: DOW - oversold region SPX - oversold/borderline CLASS 2 BUY OEX - oversold/borderline CLASS 2 BUY NAZ - borderline CLASS 1 BUY NDX - borderline CLASS 1 BUY SOX - CLASS 1 BUY signal VIX - 39.33, borderline CLASS 2 SELL(inverse to market) VXN - 75.12, borderline CLASS 1 SELL(inverse to market) CBOE PUT:CALL RATIO - .99 5-DAY TRIN - 8.22(todays NYSE TRIN was a whopping 3.23) If the market continues down, I will start to get CLASS 1 BUY signals into Thur, with the NAZ/NDX hitting first. The VIX/VXN/PUT:CALL/TRIN is all lining up for some sort of a rally to start as early as tomorrow. The NDX got as low as 1390 and closed at 1399, so it is already at/slightly below my support area of 1500-1400. I added UOPIX(long NDX) today where Im now 70% cash and no more hedge position. If we get a strong down day tomorrow I will add more longs to my trading account, probably with XLK or DJX calls.