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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: john722 who wrote (26701)	1/4/2002 10:48:58 AM
From: AllansAlias	Read Replies (1) \| Respond to of 209892

Yes, I was looking at that last night. Amazing. Coming off genuine bottoms, the prices paid for stocks will get ahead of a recovery in earnings, but what we are seeing is something else altogether. I'll say it again: stocks are not forecasting an economic recovery, they are forecasting a boom. wiggles I don't like indicators much, particularly on the short timeframe charts, but... on my 10min wiggle chart of NQ, the only wiggle chart I need, I have noticed that since Wednesday we have NEVER gone stochastic oversold. I use 8/3 for parameters, but it matters not; it's been a long time since we had two full days where my wiggle chart never went oversold. Got buying?