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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: marginmike who wrote (145406)	1/23/2002 6:09:07 AM
From: sun-tzu	Read Replies (1) of 436258

mmike, any thoughts on the OEX p/c 10 dma? i've been following this pretty closely. the extent of the recent decline was pretty dramatic and honestly, it seems that the corresponding index decline was fairly tempered, all things being considered. now there is a rapid correction of the 10 dma oex p/c. given the relatively mild index decline compared with the last time that indicator dipped to such level(september), would this not be a fairly bullish divergence signal? in addition, the BKX has been amazingly stoic throughout this carnage.

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