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


To: John Madarasz who wrote (36825)6/7/2002 12:55:28 AM
From: Vitas  Read Replies (2) | Respond to of 52237
 
i think his point is that in his opinion we are not in the hell in a hand basket stage of a super bear market like 1973 - 1974

you can see that in the two charts

they are charts of the NYSE and not the NASD

now you could argue that today's chart is skewed because of the small caps and interest rate sensitive issues

and just as the top in the a-d line in 1998 was early by 2 - 2 1/2 years then the timeliness of real bulishness now may be off by a similar time period

the bottom line is that there is underlying strength somewhere in this

as opposed to 1969 - 1974 and 1929 - 30's when there was no indication of the slightest pulse anywhere

you don't need his opinion on the subject - just look at the two charts