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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 (21327)10/10/2001 7:28:14 PM
From: Davy Crockett  Respond to of 52237
 
Thanks Don...
Peter



To: donald sew who wrote (21327)10/10/2001 7:41:10 PM
From: yard_man  Read Replies (1) | Respond to of 52237
 
didn't you already sell calls against the leaps



To: donald sew who wrote (21327)10/10/2001 7:45:51 PM
From: JRI  Read Replies (2) | Respond to of 52237
 
Don, nice work on the index update (as usual). A question, though:

I've seen you post such a couple times: <As for the NAZ/NDX, the forthcoming pullback could push it back into retest region, only because its significantly closer to the SEPT lows.>

NAZ/NDX is not significantly closer to its Sept. lows, and has actually gone further on a % basis than Dow (I believe)....of course, on an absolute no. basis, Dow has gone further, but that is hardly relevant, no?

Again, I'm nitpicking...cause I really like your stuff...cheers..



To: donald sew who wrote (21327)10/10/2001 9:00:13 PM
From: Paul Shread  Read Replies (3) | Respond to of 52237
 
Don,

A few points -

First, I take it it's at least somewhat bullish that your technicals only made it back to the midrange before turning up after firm Class I sells a week ago.

Second, did you ever get monthly Class I buy signals on the indexes?

Third, all the economically sensitive sectors - banks, cyclicals, semis and trannies - were up big today, and volume was higher than yesterday, which I take as at least somewhat of a positive.

Yet that SPX chart still looks bearish... Just waiting to break down - cache.wsrn.com - I should add that none of the rising wedges have been negated yet, including that 100-point up day in the Trannies today. Wouldn't it surprise everyone to get lower lows, which is what those wedges suggest.

Thanks for the great work.

Paul



To: donald sew who wrote (21327)10/11/2001 6:14:45 AM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 52237
 
Don: Re: "One issue is that today's rally was on lesser relative volume."

True, just would point out that volume yesterday was higher than the prior day of weakness.

Here is the May bullish engulfing failure (early May):

stockcharts.com[w,a]daclyymy[d20010501,20010601][pb50!b200][vc60][iUb14!La12,26,9]