Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 662.72

+0.4%

Nov 19 4:00 PM EST

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To: Johnny Canuck who wrote (23705)	9/15/1999 4:44:00 PM
From: Clint E.	Read Replies (1) of 68127

>>>Is a higher value for your ration more bearish or less? the number to the left is +ve(bullish) and the one to the right is -ve(bearish). 12-0 is the most bullish. 6-6, 7-5, 5-7 is neutral. 0-12 the most bearish. The direction of move is important. Also after making their initial move from the bottom/middle/top, when they get stuck in the bullish(8-4 or higher) or bearish(4-8 or lower) range, it is a sign of change in direction. they are really simple indicators looking at the health of leading nasdaq stocks along with a few favorites(bkx, for ex).

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