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

To: TechTrader42 who wrote (31774)3/8/2002 12:16:08 AM
From: Vitas  Read Replies (1) | Respond to of 52237
 
the NASD McClellan, taken by itself, looks identical to the April 01 rally, and indicates one more blast above +50:

stockcharts.com

note the -50 reading in March 01, then the divergent higher -25 at the early April bottom, similar to the current situation

what baffles me is if this move was the retest of the September bottom why we didn't get more deeply oversold for a good launch



To: TechTrader42 who wrote (31774)3/8/2002 12:36:45 AM
From: bobby beara  Read Replies (1) | Respond to of 52237
 
More scary stuff: The McClellan Oscillators:

brook, whats so scary -g-, a mcoscillator reading crossing above zero is suspect bullish, but a reading firmly into positive area is bullish, showing a momentum bullish thrust, in trading ranges high oscillator readings can indicator tops, but in trending markets high readings can indicate an initiation.

If your looking for something scary -g-:
apnews1.iwon.com


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