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Pastimes : Ask Mohan about the Market

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To: Jack Clarke who wrote (10016)	12/3/1997 8:40:00 AM
From: John Hunt	of 18056

<< Who are these overnight dipsters? And more importantly, How long can it go on? >> Jack, I figure it is the Fed and the Asian central banks. It will go on until the initial IMF funds run out. <<< ggg >>> FWIW Dept, I now have negative 5 day divergence between CCI(14) and the stock price on the following Dow stocks. (Price is up but CCI(14) is down over the past 5 trading days) T DIS WMT PG GE JNJ KO DD MRK This is a leading indicator, sometimes by as much as a few days. However, it is usefull when combined with other TA indicators. John

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