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


To: GREENLAW4-7 who wrote (40498)10/18/2002 9:36:19 AM
From: pvz  Read Replies (1) | Respond to of 52237
 
What I forgot to mention in my previous post was the extreme reading in the $tnx.

IMO, and with the benefit of 20:20 hindsight, the weekly chart had reached such extreme levels that the bond market simply had to sell off, causing the sharp spike in equities. Sometimes I feel we are all so busy looking at stocks that we forget to check the other market, which is so much larger than our casino. You have to wonder which of the two is the dog and which is the tail.

stockcharts.com[g,a]wbhlyyay[pc20!f][vc60][iut!ue12,26,9!ub14!ud20!uo28!ll14!lp14,3,3][J7600341,Y]&pref=G

Btw, I was stopped out of my longs too by Wednesday.