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To: Paul Shread who wrote (56472)	10/15/2002 11:18:59 AM
From: quote 007	Read Replies (1) \| Respond to of 209892

what does the capitulation index mean???

To: Paul Shread who wrote (56472)	10/15/2002 11:22:06 AM
From: Jack of All Trades	Read Replies (2) \| Respond to of 209892

Cool thanks, I don't see the SPX getting much above 876 55SMA on the daily...

To: Paul Shread who wrote (56472)	10/15/2002 11:53:05 AM
From: bcrafty	Read Replies (2) \| Respond to of 209892

Paul, about Don's calls I used to follow Don's calls everyday last fall when he still posted on SI. I remember in November he frequently flashed his Class 1 sell signals, as the market kept rising anyway. I asked if anyone knew how he arrived at his signals and one poster showed that his signals are based on a kind of an overbought/oversold oscillator (on the daily charts, I believe) In November his track record was worse than 50/50, but I see that now he mentions his Capitulation Indicator and its perfect accuracy record. Two questions, (1) have you been following his track record recently, and if so how accurate have his calls been? (2) do you know when he added his Capitulation Indicator to his calls?