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To: Shack who wrote (130791)	3/16/2006 2:02:17 PM
From: skinowski	Read Replies (3) \| Respond to of 209892

I played such an "extreme" once before, and it "worked".... but it may have been plain luck. WLD made me realise that I have no real understanding of that indicator, and was simply taking it on faith. E-mailed for clarification... will see what happens. CAG is in play today... FA problems, restructuring, cut in dividend... Might be a play for these (imo -g) uncertain markets.. Double zigzag on the weekly? stockcharts.com[f,a]waclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G

To: Shack who wrote (130791)	3/16/2006 3:26:10 PM
From: venividivici	Respond to of 209892

The bearish arguments are getting a tad more entertaining, if not more far-fetched. ;-) Glad to oblige! No, seriously, for the indicator to be worthless would mean that sentimentrader didn't know what he was talking about. Yeah, it's kind of a 'black box' to us reading it and he doesn't elaborate too much on it, but I think we all understand the gist of what he's saying, which is that bonds are cheap relative to stocks and that it's been a long time between S&P 500 10% corrections.