The Black Box

[Rick Storm]

Wahz, could you take a look at this and tell me what you think? thanks

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Posted by: Rick Storm
In reply to: positiontrader who wrote msg# 1251 Date:5/3/2003 7:59:38 AM
Post #of 1253

Positiontrader, i looked back on stockcharts at 91 92 timeframe at nl and saw after massive runs and very few new lows, we were in a trading range for months after both these times. I hope someone else has the time to compare the Spx to NL over the years that are available. Do you have an Ndx retrenchment number?


Also, I have been wondering that after this move from 1253 on the Naz to 1521 plus ,A 21% move so far; I wonder that when when we top say at 25%, if we will not be in a trading range for a long period of time , say till next October and not the consensus of a cyclic bull? I wonder if the Vix is tipping us off to a prolonged trading range? I appreciate all your contributions and honesty!!"