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Strategies & Market Trends : Shorting SPY for fun and profit.

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To: fut_trade who wrote (150)9/2/1999 5:16:00 PM
From: fut_trade  Read Replies (1) of 346
 
The 200 day MA (brown curve) is holding firm for NYA. It has only been broken once (bear market of '98) in many years.

Plot of A/D indicator (red curve) for NYA over the last four years.

geocities.com

It gives early sell signals (local maxima), but late buy signals (local minima). Currently it indicates a sell as of 07/14/99.
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