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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey S. Lillie who wrote (25539)1/22/2003 4:53:40 PM
From: sun-tzu  Respond to of 30712
 
we should have a rally by this point. vix and p/c are not giving rally signals...actually pointing to more down. i'm afraid we may just keep selling off until this war gets started.

why buy?



To: Jeffrey S. Lillie who wrote (25539)1/22/2003 4:55:14 PM
From: ajtj99  Respond to of 30712
 
Sometimes those patterns are negated by simple support and resistance. I think the patterns are more reliable when the big support or resistance is a bit farther away.



To: Jeffrey S. Lillie who wrote (25539)1/22/2003 5:19:16 PM
From: LTK007  Read Replies (1) | Respond to of 30712
 
I think to catch a big turn bottom the best thing to do is go to the trin and tick readings and CPC and MOM or ROC.
In a big sell-off preceding a sigficant bear market rally all those get to extreme negative levels at nearly the same time. Max


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