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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 (35706)	5/9/2002 12:47:19 AM
From: Vitas	Read Replies (1) \| Respond to of 52237

Market Advance/Decline Volumes Daily Sep. 24 25 26 27 28 NY Up 1,463,645 946,896 532,709 914,070 1,360,732 NY Off 266,801 637,468 987,539 531,415 267,981 % (QCHA) +2.46 +.48 -.57 +.47 +1.88 Amex UP 54,740 31,504 13,394 27,329 67,964 Amex Off 17,224 39,679 41,349 25,828 7,141 % (QACH) +1.79 +1.04 +.25 +.27 +2.54 NASD Up 1,739,439 929,346 263,931 577,366 1,490,040 NASD Off 276,278 1,198,203 1,443,714 1,419,614 508,694 % (QCHAQ) +3.99 +.64 -1.01 -.51 +2.93 NYSE Composite Daily Breadth Daily Sep. 24 25 26 27 28 Issues Traded 3,378 3,353 3,334 3,301 3,358 Advances 2,412 1,895 1,503 1,936 2,509 Declines 807 1,286 1,657 1,184 696 Unchanged 159 172 174 181 153 New Highs 16 19 22 29 60 New Lows 134 144 198 222 100 Blocks 35,716 32,107 30,574 29,631 31,845 Total (000) 2,037,408 1,886,144 1,787,912 1,697,358 1,888,586 Nasdaq Daily Sep. 24 25 26 27 28 Issues Traded 4,042 3,998 3,896 3,876 4,004 Advances 2,682 1,856 1,363 1,692 2,517 Declines 1,080 1,816 2,213 1,828 1,153 Unchanged 280 326 320 356 334 New Highs 33 30 19 10 44 New Lows 155 159 252 365 164 Blocks 29,173 30,913 26,759 31,161 n.a. Total (000) 2,028,815 2,146,727 1,722,261 2,013,588 2,043,196

To: Paul Shread who wrote (35706)	5/9/2002 12:58:07 AM
From: sean sanders	Respond to of 52237

a few comments on the turn of events ... 1. a comment was made that a gap was formed so it has to be filled - breakaway gaps dont often get filled, but they are often formed after a consolidation of prices. 2. You notice anything in particular about the dow chart? double bottom. We are sitting right above the neckline of it right now and also we broke the downward trendline. Quite positive if you ask me. 3. a small black candle or even a spinning top tomorrow doesnt negate the positive day we had today. Or even a hanging man pattern. 4. anyways I could name of a bunch of squiggly lines that are this or that or other such trendlines but the first 3 points I made I thought are important. you might ask why am I giving arguments for a bull move? well lets just say I like to watch for trend changes and as Brookelise says ... "It's all in the chart" ... what do you see? geocities.com (click location bar then hit enter to view chart) Sean

To: Paul Shread who wrote (35706)	5/9/2002 1:20:43 AM
From: Nancy	Respond to of 52237

paul, in this case, naz did not have 90% day either ? but the readings are similar to 9/24's. otoh, i really dont think we could expect same magnitude as sept/oct 2001. we got a panic bottom then and we got a grind down bottom now. ag cut and cut then and no more cut now. so may be a rally would be only 1/2 of what it was or even less. in that case, 50-70% of the up is done today.