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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: LTK007 who wrote (60938)5/3/2002 4:23:47 AM
From: Vitas  Read Replies (1) of 99280
 
the a-d line in and of itself should not be over emphasized:

Message 17276956

Message 17321199

from the top in the a-d line in April 1998 it took 28 months until NYA, the New York Composite finally topped out

the reverse may be true now

the NAZ udv summation doesn't have finite boundaries; it could be -1000,
-1500 or -2000

the COMP break of the 10/8/98 through 4/4/01 trendline and the 4/22/97 through 10/8/98 trendline is probably more significant than the possibility of a falling wedge, although the 9/17/01 high and early October highs seem to be holding it so far, along with the fib .618 retracement of the September to January rally
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