Ask DrBob Message Board - Msg: 18758855

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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject	3/26/2003 9:35:15 PM
From: indexit	of 100058

charts/trading There are a few slightly bigger picture observations of note I am seeing. First and foremost is on the Dow and S&P TSV and money stream are technically bullishly divergent, on the comp they are not and are actually a hair bearishly divergence. I know this means something, but what I do not know, so if someone can help me here most appreciated. The Mcclellum Summation is still heading up but meeting a possilbe resistence point (however it's a mid level reading and resistence hard to read in the middle). On a micro view, stochastics, macd, bop heading down here and it looked like the market wants to go a little lower. Does not mean I am going to short much in the rumor manipulated silly market, especially with this possible Iraqi confrontation possibly around the corner, which I assume we win well (but I thought the war was going to end this past weekend). So laying low I am sure.

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