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

To: ajtj99 who wrote (34488)	4/19/2002 11:02:37 AM
From: TechTrader42	Read Replies (1) \| Respond to of 52237

There was some divergence earlier with the S&P CI's, indicating that the rally at the open would lead to a pullback. But now the CI's are up, meaning the outlook seems to be less skeptical than it was earlier, when more than a few traders may have been shorting into the rally. ST Naz CI: 71.570 63.043 MT Naz CI: 53.656 61.090 LT Naz CI: 78.653 82.078 ST S&P CI: 57.079 49.888 MT S&P CI: 55.338 48.366 LT S&P CI: 81.448 78.552 Note the longer-term readings: overbought. In the short term, there will probably be the same wild, unpredictable moves up and down. The short-term extremes (last week, for example) provide more predictable trades.