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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: bobby beara who wrote (22053)	8/27/1999 9:28:00 AM
From: Challo Jeregy	Read Replies (1) of 42787

bb, the summation index does not track the s&p. It tracks the mcclellen oscillator. As long as the oscillator is under the 0 line, the summation index will go down. When the oscillator turns up above the 0 line, the summation index will turn up. In the past few weeks, the oscillator went to the extreme lows, taking the summation with it. When the market turned around, the oscillator did also and has just recently crossed up above the 0 line, causing the summation to reverse upward. The past 2 days, the oscillator turned down again, but as long as it is above the 0 line, the summation index will continue to head up. decisionpoint.com If the oscillator bounces off of the 0 line and heads back up, we've got liftoff. (at least temporarily <g>)

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