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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 (34799)	4/24/2002 7:19:35 PM
From: pvz	Read Replies (1) \| Respond to of 52237

Paul, I noticed the same thing. The AD line was only slightly negative. Also, look at this chart of the BPOEX. Although it's still quite high, the +DI and -DI and the stochastics suggest it's fairly oversold already. The CCI says it has a ways to go though. stockcharts.com[e,a]dhllnnay[pb20!b50!d20,2!f][iue12,26,9!ub14!ud50!ll14!lp14,3,3][J3168735,Y]&pref=G

To: Paul Shread who wrote (34799)	4/25/2002 9:11:39 AM
From: Terry Whitman	Read Replies (1) \| Respond to of 52237

There's no denying the bearishness of the OEX chart. I wish I had some puts. That break is gonna cause a lot of bells and whistles to go off- a lot of sell orders will be hitting the market at the open. About 30 minutes after the open will probably be a good time to sell puts. If I had any. Of course I could sell them naked I guess- but that's getting a little risky. And yes- the soldiers are not following the generals here. So I'm not too worried, really. Do you think shorting some small caps here might be a good long hedge. They are bound to follow the generals here if this is a genuine crash..