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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 (28718)	1/29/2002 4:56:39 PM
From: Terry Whitman	Read Replies (1) \| Respond to of 52237

We may well have more down to go- but if the bear were restarting, we would see new lows quickly surpassing new highs. Not seeing any sign of that. Dow 9000 does look like a likely target here if things don't turn around tomorrow. BTW- Why are you suddenly listening to what these companies have to say about the future? They all thought things were just peachy going forward at NASDAQ 5000..

To: Paul Shread who wrote (28718)	1/29/2002 5:08:50 PM
From: Susan G	Read Replies (1) \| Respond to of 52237

Paul, did you do any measurements on the NDX or COMP?

To: Paul Shread who wrote (28718)	1/29/2002 5:30:55 PM
From: Challo Jeregy	Respond to of 52237

speaking of trading range - Has The Trading Range Finally Been Broken? Just like economic recessions, you really don't know when you're in a trading range until it actually becomes well defined. What's more, by the time the trading range (or recession) does become well defined it's almost over. In Tuesday's action, the OEX's trading range seems to finally have been broken with its significant break below 570. On this move lower, the CBOE Market Volatility Index (VIX – 25.84) spiked 18 percent higher from yesterday's close. This is a significant move for the VIX which has only occurred 27 times since 1991. In addition, this upward bounce comes a day after a close below 22 (which has not happened in months). Historically, such spikes have been associated with a subsequent rally of about one percent in the index during the next five to 10 sessions. see link for a pretty picture - schaeffersresearch.com

To: Paul Shread who wrote (28718)	1/29/2002 6:34:56 PM
From: Terry Whitman	Read Replies (1) \| Respond to of 52237

We need Mr. Watkins to give us that chart again, but I eyeballed about 6.5 today on the 5 day TRIN. It can go higher than that though (8+) as we've recently seen. In other words, no signal. Really, it all comes down to this- Undoubtedly, we saw a major top in the A/D in 1998 and we saw a top in the large cap markets in 2000. Undoubtedly, we saw a bottom in the A/D in 2000, and a second one in 2002. So, either you think the cyclical bottom was last yr.- or you think it is still months in the future, at a much lower level. Hey, put up a 4 yr. chart of SPX and draw a line off the tops. Aren't we sitting about on that line after crossing up over it- or is my scale off..