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


To: Terry Whitman who wrote (31842)3/8/2002 12:18:25 PM
From: TechTrader42  Read Replies (1) | Respond to of 52237
 
My S&P CI's haven't yet maxed out at 100 in all time frames in this rally, btw. That's where the top could be. So have they been wrong? Nope. (Have I been wrong about when they might start to turn down? Yup.)

The Naz ones did top out at 100 on Friday. The signal was, shall be say, negated. Put another way: Wrong. More strongly: WRONGO.

Feeble, pathetic excuse: Well, in strong rallies, it can be best to wait for both the Naz and the S&P to top out together, because they can move up together. So when the S&P still had room to go higher Friday, I suppose the Naz did, too. These insightful observations are gained from 20/20 Hindsight.

ST Naz CI: 86.239
MT Naz CI: 88.004
LT Naz CI: 95.823

ST S&P CI: 91.830
MT S&P CI: 91.830
LT S&P CI: 97.098



To: Terry Whitman who wrote (31842)3/8/2002 1:42:33 PM
From: TechTrader42  Read Replies (1) | Respond to of 52237
 
One heck of a shooting star in LU's chart (but intraday, of course, with bar still forming).

Earlier, I mentioned a hanging man in a previous bar, I think. That was an error. I was thinking of the hanging man in INTC's chart. It would be very interesting if INTC got a shooting star on top of yesterday's hanging man. It'd be a short signal. Stochastics is now at 97.

ST Naz CI: 88.235
MT Naz CI: 89.744
LT Naz CI: 96.429

ST S&P CI: 93.954
MT S&P CI: 93.954
LT S&P CI: 97.853