SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bobby beara who wrote (19486)7/6/1999 2:27:00 PM
From: pater tenebrarum  Read Replies (1) of 99985
 
Bobby, i have read Shaeffer's interpretation of the sagging VIX. it was this very same interpretation that led him to be bullish in july of last year. it goes to show that any technical indicator is prone to interpretations that support one's views. he also calls the measly a/d line bullish, as it induces worry in the market, which is positive. on this point i happened to agree with him for quite some time. however, i know from studying historical examples that the longer an a/d line divergence persists, the more painful the ultimate adjustment in prices will be. btw, what do you think of the continued strength in the nutz? this, more than anything else seems to support the bullish case, even though they still lag. they're doing their best to catch up though it seems. the unwinding of fear, or complacency, that is the question.

regards,

hb
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext