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

To: Paul Shread who wrote (19276)	9/19/2001 9:05:02 AM
From: faro	Respond to of 52237

Taken from the Woodson Wave report: "...What we want to see for a bottom to this E wave es a huge spike down below the trenline. We want to see a high put/call ratio, over 1. A huge volume day would also be desirable. In summary, a huge move down (below 9106 at a minimum, to 8706 to meet the trendline, and right at 7927 would be perfect), on high volume, with a high put/call ratio -- a capitulation, or throwing in of the towel if you will, would be confirmation that a spike low is in place." Faro

To: Paul Shread who wrote (19276)	9/19/2001 9:05:17 AM
From: JRI	Read Replies (1) \| Respond to of 52237

Softie at 40 could mean COMPX 1000, but certainly COMPX 1348 ('98 low?) at a minimum Softie at 32 (and change) means COMPX below 1000 IMO...I could see that on a panic, capitulation day.. I see a potential "swing for the fences" event....it is assumed that Taliban/clerics will not give up Bin Laden...but I've read a couple things that makes me think there is more rational thought there then believes (ie. bin Laden is a foreignor, what has he really done for us (?), we've got other, important things to focus on/and don't need battle with U.S. and refugee problem, and....) Its a long-shot, but if they vote to give up Bin Laden, that could be the sharp 4 catalyst (you pointed out the flat 2 already)...I think the decision comes tomorrow..