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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Jeff who wrote (124)5/14/2002 1:47:17 AM
From: h8_2_b_l8  Respond to of 30712
 
Some interesting comparisons for commonly used indicators.

Nasdaq had a nice quick bounce when the summation index initially broke its 200 DMA back in early Feb.
stockcharts.com
bouncing from 1772 to 1877 only to fall to 1696.

AMAT earnings marked the top of the rally.

Talking of elevator shafts.
stockcharts.com[m,a]daclyyay[pb50!b200][vc60][iUb14!Lh14,3]&pref=G

This is the most clear cut chart out there.

A day or two more to bring us to -50- levels and possibly and oversold plunge to retest its bottom and 200DMA. An eventual retest of these levels looks inevitable.

But what to make of this.........
stockcharts.com[h,a]daclyyay[pb50!b200][vc60][iUb14!Lh14,3]&pref=G