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

To: Jorj X Mckie who wrote (41225)	11/23/2002 12:57:41 AM
From: Challo Jeregy	Respond to of 52237

VBG - gotta go -

To: Jorj X Mckie who wrote (41225)	11/23/2002 11:26:23 AM
From: Softechie	Respond to of 52237

That's a nice looking chart. The problem is Da Crooks know everyone is looking at the same thing...Shorting begins for me when Nasdaq pops over 1500...

To: Jorj X Mckie who wrote (41225)	11/25/2002 11:11:58 AM
From: SpecialK	Read Replies (1) \| Respond to of 52237

Jorj, I really like your COMPQ chart. Just a few comments. Comparing the 44% and 50% rallies in time, the rally grew longer, your target suggests a 45% rally, but it would need to get there in this week to achieve it and still remain under the dashed blue/red line. If it takes more time, it would either underachieve the target or break this dashed line and then pursue the solid downtrending line. I'm not sure how rallies and corrections change as a bear matures. I recall in the bull, it seemed to be 2months up/ 1month down on average. Of course, we had 6 months up as well, so I'm not sure to expect a similar capitulation like exhaustion move or for the averages to trend back to the middle. Also your comment on MACD being above 50 to a major top, I'd like to add that those tops come off rallies from bottoms where the MACD was lower than -100. From the October low, the MACD didn't get that low. I've seen this type of sinusoid in engineering (a damping effect), it would suggest the MACD wouldn't need to get as high. Once again, that's a very nice looking chart. Regards, Ketan