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

To: SpecialK who wrote (46637)	8/14/2003 2:45:48 PM
From: Terry Whitman	Respond to of 52237

Well, the 'Elves' were eliminated more than a year ago, and Rukesyer was fired. Both good indications that a MAJOR market capitulation was occurring.. I suspect that the low in the making now will be the low for the summer, and perhaps for the last 1/2 of the yr. Yes, the lowrisk.com opinion is one of a general population- or a subset of the population as it were (a set which both you and I are part of since we've both entered our opinions there). I'm not suggesting that it is the end all, be all indication. Heck, it's probably not even statistically significant. Only saying that there is a recognizable correlation between market lows and large bearish spreads. I've seen some SI surveys that correlate pretty well with market inflections too. I recall someone charting the daily message count on one of the threads- messages nearly always peaked with market highs..