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To: Proud_Infidel who wrote (3149)7/22/2002 1:05:47 PM
From: robert b furman  Respond to of 7822
 
Hi Brian,

Everyone is looking for capitulation.

Don Worden had an interesting note last week.He said measuring capitulation by vix,nyse volume exceeding Naz volume,losers to winners ratios are all ways of determining capitulation.

His view on capitulation was based on breadth.The markets decline has been almost total.All stocks have gone down.This he views as a sign of a bottom going in.Whenn even the strong get slapped - that's close to the Significant Bottom going in.

Friday's volume was a record??

Heard that on CNN.

I'm having a hard time keeping current. Miss my computer and software.

Thanks for the linked posts - I'm a little out of touch here.

Bob