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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: Killswitch who wrote (12749)6/17/2002 2:10:41 PM
From: Killswitch  Read Replies (1) | Respond to of 19219
 
Make of it what you will:

"Trading Signs
06/17/02 01:53 PM EDT

According to "Investors Intelligence," there were 51 "buying climaxes" (bearish events) last week and 40 "selling climaxes" (bullish events). It would have been better for the bullish case if there was something over 100, maybe 140 to 150 selling climaxes and very few "buying climaxes," say 10 or so. This may yet happen in the future at a better bottom than we saw Friday. "