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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket.
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To: chartseer who wrote (1005)7/22/1999 9:26:00 AM
From: Les H  Read Replies (1) of 2103
 
AIQ gave a 100 sell on Nasdaq after Tuesday and 96 sell on DJIA/NYSE on Monday. MACD sell signals were triggered on both indices as with many industry groups and indices. The broader market started triggering far more sell signals (over 80% of signals) about 6 days prior to the Monday top. Now, I have over 74% of signals in the other direction. So, perhaps further consolidation till end of month and then a short-term end-of-month rally into early August.
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