SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: 1podstock who wrote (21119)10/9/2001 7:50:53 AM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
I believe the COMPX has outperformed the INDU since September 10; that seems to be continuing. It could just mean that the COMPX will now go down less than the INDU.

FWIW, John Murphy has 5 waves from March 2000 complete at 1357; he could be wrong about that, but everyone seems to think the COMPX is in wave 5 down (makes sense to me too), and should have a long countertrend rally when it is complete. For a count on the INDU, all I know is we could use a wave 5 off the May 22, 2001 peak; longer term, I couldn't tell you a thing about that one.