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

To: John Pitera who wrote (35687)	5/8/2002 3:24:56 PM
From: pvz	Read Replies (1) \| Respond to of 52237

John, I am wondering whether the breadth isn't due to the split nature of the market. While the NDX was falling parabolically in the last 2 weeks, some stocks were rising almost as strongly. Today, that is reversing. Just look at CAKE, for example. stockcharts.com[e,a]dhclyyay[dc][pb20!f][vc60][iut!Ue12,26,9!Ub14!Ud50!Ll14!Lc80!Lp14,3,3!Lf]&pref=G If you look at the qqq heatmap, there is very little that isn't up. screening.nasdaq.com

To: John Pitera who wrote (35687)	5/8/2002 3:27:12 PM
From: Paul Shread	Read Replies (3) \| Respond to of 52237

Yes, John, when I posted that it was something like 14-1 u/d volume and 22-8 a/d. Has pulled back quite a bit but could still be close to a 90% upside day. NYSE numbers are entirely unimpressive, and they were this morning as well. Not quite April 5, 2001, which had Nasdaq u/d of more than 20-1, with 28-8 a/d, per Bruceleroy. On the other hand, 9-28 and 10-3 numbers were unimpressive, but that one sure was the start of a good run. SPX needs to take out 1100 for this to be the start of anything, IMHO.