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

To: bobby beara who wrote (37867)	7/11/2002 11:49:41 PM
From: Vitas	Read Replies (1) \| Respond to of 52237

nice improvement in S&P 500 new lows on a day where it tanked intraday - 36 versus 89 Message 17725758 Message 17719749

To: bobby beara who wrote (37867)	7/12/2002 9:04:40 AM
From: Terry Whitman	Read Replies (2) \| Respond to of 52237

Most panic-type bear market bottoms are associated with a peak/reversal in new lows and VIX. Put them together, and you've got a pretty darn reliable indication of a bottom. Only thing missing is the reversal parts. <g>

To: bobby beara who wrote (37867)	7/12/2002 4:25:50 PM
From: nspolar	Read Replies (2) \| Respond to of 52237

[i have what i believe is a five wave down count in the NYSE new lows, which should yield a playable bear market rally.] I'm right with ya on that one Bobby. Now let us get a nice (3-?) wave correction going. Plus I think the various TRIN indicators are pointing in the same direction. VIX a little less so, but the probabilities for a nice corrective here are better than fair. Have picked up a fair dab of various tech over the last week and doing quite nicely. The abundance of doomsayers helped me decide. I'm in just for a corrective play. Think the tsunami is yet to come in the broader markets, but is yet a little ways off. BWDIK?