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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (86902)6/26/2002 7:19:47 PM
From: Zeev Hed  Read Replies (1) | Respond to of 99280
 
It seems you are agreeing with the G&C thesis, however, the three lows you describe had much better sentiment parameters working for them with multiple GNT's, the peak in new lows in Dec 201 was around 800 (many of these 800 are no longer with us, so I was not asking for that many <g>, but both the April and the September lows had much more than 450 new lows on the Naz, and the VIX and VXN also were more extreme, BPCOMPQ whit under 30 in each of those instances as well. Yet, February gave a good rally, and all these parameters were far from such extremes.

Zeev



To: ajtj99 who wrote (86902)6/26/2002 7:22:35 PM
From: brightness00  Read Replies (2) | Respond to of 99280
 
OTOH, today could be THE retest of September low on $SPX