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


To: ajtj99 who wrote (35419)5/4/2002 8:52:57 AM
From: ajtj99  Respond to of 52237
 
Here's one of Les' scans from around the time of the August 30 ARMS signal:

Message 16283799

Here's his scan from yesterday:

Message 17422414

Notice the numbers he posted for March 22 and April 3. That's what we should look for at our bottom, IMO.

Here's the Sept. 21 Bottom numbers. They may be a bit extreme:

Message 16398425



To: ajtj99 who wrote (35419)5/4/2002 12:37:37 PM
From: Lee Lichterman III  Respond to of 52237
 
Yes, I was noticing that too. Something else I kind of noticed by accident was when the TRIN spiked really high to over 4, the market hit bottom in around 2 weeks though it tended to bounce a little then drop lower first. Problem with saying this is always true is there were only 3 or 4 instances where this occurred so it could just be a fluke.

Terry - Agree there is a bull going on within the market. My "Near 52 week high" scans spit out 164 stocks from my data base this week vs 115 last week despite the major indexes being down. There are a lot fo things going up but everyone is still too fixated on the glory days of old and wants to keep catching falling knives in the still over valued glamour techs and Blue Chips. Funny thing is, is that these ones rallying now actually make money and many pay dividends. I guess the masses like pokemon cards though so Shhhhh, don't tell them there is a rally going on. They can buy from us at the next top when this stuff gets bloated and the other stuff is finally down below fair value so we can rotate over. -ggggggggg-

PS - I am not paid to post, I am not paid to use anyone's product, heck I am just not paid. Hey buddy, Got a dime? Can I wash your windshield? Want anyone's country bombed? We do really nice parking lots. We can turn any city into a parking lot. It is noisy but it works. Hey buddy, hey why are you walking away. I am tired of wearing green.......

Good Luck,

Lee