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


To: AllansAlias who wrote (38180)7/20/2002 6:54:13 PM
From: XBrit  Respond to of 52237
 
Yes, that is correct as far as I know... Jim Stack has actually got it way wrong the past 12+ months.

I subscribed to Stack's newsletter for 6 months in late 2001. He was basically saying "don't fight the Fed" month after month.

IMO he had it right until about mid-2001, in being bearish on a few-month timescale... that's the success that Kangas was praising him for.

But he totaly misunderstood that we are unwinding a historic bubble... he just tried to apply the conventional reasoning and his regular indicator analysis, as appropriate for garden variety 1945-1995 recessions. Of course the result was that he ended up turning bullish about 2 years and 5000 Dow points too early. Similar to Don Hays' debacle.

That's why I dropped my subscription... he disagreed with the CFZ and the CFZ is always right, LOL.



To: AllansAlias who wrote (38180)7/20/2002 8:06:08 PM
From: LTK007  Read Replies (4) | Respond to of 52237
 
Another smartass SI GURU shoots his mouth off, Mr.AA. I have zero reason to trust your remarks.LG,AA and BB, the we are always right except when we are wrong, which we never admit too, but will take potshots at everyone else because we are so damned brilliant.gag me. Max



To: AllansAlias who wrote (38180)7/21/2002 1:53:36 AM
From: Vitas  Read Replies (1) | Respond to of 52237
 
here's the McClellan summation pattern that resembles the
1932 pattern that I referred to last week, along with other charts:

geocities.com

I call it a triple summation slammation pattern that has evolved into a quadruple pattern. The black TL is the triple part, the red TL the quadruple part.

The first 2 charts are the NYA weekly, linear and semi-log. The fib lines are from December 1994 to September 2000 Perhaps you could give us a wave count.

The a-d line has nudged the 1982 - 1994 trendline.

Compare the 1 percent udv pattern to the 1970 pattern.

The last chart, the cumulative up down volume ratio chart does not look like it has any place to stop soon, going back to the previous uptrend in 1997.

The 40 year cycle, 23 years of up and 17 years of sideways to down, is not the 1962 pattern. It may be the 1877 pattern:

geocities.com

I'm heading to the beach this morning.



To: AllansAlias who wrote (38180)7/21/2002 4:58:49 PM
From: NOW  Read Replies (1) | Respond to of 52237
 
are you two talking about the same guy: Jim Stack versus dave Stack?