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To: Gottfried who wrote (8371)2/2/2003 1:23:28 PM
From: Return to Sender  Respond to of 95748
 
The spike in July/August was indicative of a bottom. The market attempted a rally and failed. If you will recall at the time I argued with you and many others that it was not the bottom. Then in October, a time of year at which we have gotten a lot of truly notable bear market bottoms in the past, we bottomed again. We rallied again and that rally is now obviously failing.

The next true rally attempt will start with the VIX first spiking over 50, the put to call ratio over 1.00 (on several occasions within a short period of time) and BPCOMPQ less than 30, most likely less than 25.

Wait and see. It will happen. Follow the indicators on these charts and we will all profit by investing more money at the next bottom:

stockcharts.com|D|B14

stockcharts.com[h,a]dallyyay[dc][pi!d21,2!f][vc60][iLg]&pref=G

stockcharts.com[h,a]dallyyay[df][pi!a25!a50!c20!f][vc60][iLg]&pref=G

RtS



To: Gottfried who wrote (8371)2/2/2003 1:30:36 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 95748
 
Gottfried, regarding all these indicators... don't these measure only US sentiment. Nothing taken into account for foreign activity which seems to be the real driver for the bear mkt according to the talking heads on TV.