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


To: Paul Shread who wrote (42020)1/2/2003 5:48:09 PM
From: Henry J Costanzo  Respond to of 52237
 
<<This is either a blow-off top or the beginning of a big move up, but I sure don't think it's neutral. >>

I vote for the latter...and if I had to put this in EW terms, I'd say this begins a 3rd wave up from October low...



To: Paul Shread who wrote (42020)1/2/2003 7:19:17 PM
From: Saulamanca  Read Replies (1) | Respond to of 52237
 
TRIN closed at 0.23 today. Lowest daily close since
Oct 28,1997 when it closed at 0.22.

1997 NAZ chart

stockcharts.com[e,a]dacayiay[d19970801,19980301][pb20!b50!b200!f][vc60][[iLm12]iLg!La12,26,9]&pref=G



To: Paul Shread who wrote (42020)1/2/2003 10:59:39 PM
From: Haim R. Branisteanu  Respond to of 52237
 
Paul, the mood was very bearish due to the lack of year end rally - IMHO it is a massive short squize. To qualify a bull move we need more confirmation from the real world.

All I hear is very bad retail numbers in the NE area

If volatility is a guide see this market finance.yahoo.com^GDAXI&d=t - it is just nuts up 7.34%



To: Paul Shread who wrote (42020)1/3/2003 8:17:09 AM
From: Terry Whitman  Read Replies (1) | Respond to of 52237
 
Hi Paul- I was starting to wonder if you were MIA. <g>

The A/D line is breaking out:
stockcharts.com
New highs-lows are also moving out of a channel.

I bought the QQQs on tuesday afternoon. Probably the best timed buy of the past yr. So, things are definitely looking up..

Tend to think that yesterday's action was due in large part to the removal of tax loss selling pressure.