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


To: The Freep who wrote (17661)9/4/2001 6:15:49 PM
From: donald sew  Read Replies (1) | Respond to of 52237
 
Freep,

CNBC had an analyst on who took the ARMs index to another level. He did mention about the 10 day trin giving a buy signal, but he also mention that he took the research back to the 1960's and also noticed that it also needed a one day capitulation reading of higher than 3-4, and also mention that it did get even much higher at times.

Im losey at quoting others, so if I misquoted, please correct me.



To: The Freep who wrote (17661)9/4/2001 6:28:34 PM
From: sq39  Read Replies (1) | Respond to of 52237
 
hi freep,

re ARMS, where do you get 'no later than this Thursday'?
fwiw, Ask DrBob, message #43268... he states,
" 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."