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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 (28709)	1/29/2002 4:31:54 PM
From: Terry Whitman	Read Replies (1) \| Respond to of 52237

C'mon now Paul. Is it really that bad? <g> >Would look for 8900-9300 on the Dow at this point< Did some checking, and the last time the closing TRIN was as high as today was April 2, 2001. Strangely enough, the SPX bottomed there, just under 1100. It proceeded to rally by 20% over the following 6 weeks. Imagine that.. Of course that was in a bear market context. RUT is well above previous lows. New Highs are well above new lows. New lows are less than previous peak. Is this final phase bear market behaviour? I think not- but the market has fooled me before. Things could get worse before they get better, but I'd guess we'll see a big rally soon.