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Strategies & Market Trends : Waiting for the big Kahuna

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To: J.T. who wrote (3366)7/29/1997 9:58:00 AM
From: Cynic 2005   of 94695
 
JT, NH-NL index may tell you more about the future of the market more than A/D indicators. In the recent weeks, the NH-NL index (decisively over 300) has been indicating a solid rally ahead of us. Only in the last week it has shown some weakness. Currently it is decisively over 100, below which I consider very bearish. Just my opinion.
-Mohan
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