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

To: taylorfife who wrote (24449)	11/20/2001 6:30:27 AM
From: donald sew	Read Replies (4) \| Respond to of 52237

A.Mclean, Without doing a precise analysis, it appears that the NDX has narrowed the divergence. However, the HI-LO did not produce a positive divergence with the April selloff, but did with the DEC 2000 pullback. The issue we have now may or may not show up in the technicals. As mentioned often recently, the key is controlling/capture of Bin-Laden/terrorist organization, which is a news item. Per our research back to the Spanish-American War, recoveries start after the war ends. So this may be a situation where the technicals may be over-rodden by fundamentals/news.