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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: pvz who wrote (13773)5/9/2002 6:17:53 PM
From: chowder  Read Replies (1) | Respond to of 23153
 
The weekly candlestick pattern shows the NASDAQ square in the middle of undecided.

stockcharts.com[h,a]waclyiay[pb10!b50!b200!f][vc60][iut!Lh14,3]&pref=G

Tomorrow's action will determine the weekly pattern and perhaps provide a clue for direction.

An up day tomorrow would indicate a possible reversal pattern.

dabum



To: pvz who wrote (13773)5/9/2002 6:58:19 PM
From: kodiak_bull  Read Replies (1) | Respond to of 23153
 
PVZ:

Explain, if you wouldn't mind, exactly what you're looking for/at in a $CPC:VIX chart, and why a shorter DMA crossing down through a longer DMA is important to you. Maybe the rest of the gang gets it quicker than I do (goes without saying).

Thanks,

Kb



To: pvz who wrote (13773)5/9/2002 7:49:58 PM
From: pvz  Read Replies (2) | Respond to of 23153
 
Miraculously (I think), the bpndx managed to increase 4 percentage points today and is now comfortably back above 20:

stockcharts.com[e,a]dhllnnay[d20000401,20020509][pb20!b50][iUe12,26,9!Ub14!Ud50!Ll14!Lp14,3,3][J4304648,Y]&pref=G

Between February and April of last year there was some back and forth movement around this level, but the RSI never fell below 30. This time round, the RSI has gone full circle and is giving a buy signal again.

Before March 2000, the bpndx never fell anywhere near as low.

So my guess is that it could do a double-dip fall below 20, but statistically it is not likely to happen. The historical odds favour an improvement in the breadth of the ndx.

FWIW, the bpcomp also rose today (0.13), but I don't consider that to be as significant because it represents some 3700 stocks, whereas the ndx has only 100.