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


To: Compadre who wrote (47305)10/21/2003 10:16:19 AM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
We already had a very nice run off Sept. 30, as nice as anything in August or September, and the sentiment on the pullback has been nothing like the August 5, 26 or September 10 pullbacks. Heck, look at this reading on Sept. 10:

cboe.com

That said, there's finally a little promise here:

cboe.com

You could well be right on direction here; certainly we bounced back from two days of intraday oversold conditions (I prefer closing myself, but I never get it -g). But fear didn't spike the way it did on previous mini-corrections, which sometimes had three or four straight days of high readings. I've been wondering if the improved employment numbers have actually made the market more vulnerable to a correction by increasing belief in the recovery and hence complacency. Just a thought...



To: Compadre who wrote (47305)10/27/2003 3:42:07 PM
From: Paul Shread  Read Replies (4) | Respond to of 52237
 
Check out the Russell today. Another early January effect? Has been over by early December the last two years.