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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: Berney who wrote (27287)9/26/1999 7:41:00 AM
From: donald sew  Read Replies (5) of 99985
 
Berney,

>>>> John Murphy, indicated Friday on CNBC that his research showed that there was a considerable lag between the break down of the infamous A/D line and Mr. Market. <<<<

I have also heard that from others like BOLLINGER. If I recall correctly, it was mentioned that the divergence between the Advance/Decline and the market has lasted as long as 1.5 years in the past. Interesting to note that the the current divergence started in APRIL of 1998, so right now would be about the 1.5 year point.

Heres my strong comment on the ADVANCE/DECLINE - How many times have we heard from many analysts that the A/D doesnt matter? Since the divergence has been so long - IT DOESNT MATTER!!!!

Here's my point - EVERY DAMN FIRM has technical analysts working for them, and I am positive that those analysts in EVERY FIRM had some concern over the divergence of the A/D, at least some concern. However, quite a few firms came out and made STRONG EXPLICIT COMMENTS that the A/D DIVERGENCE does not matter AT ALL!!!! My position is that they were LYING and MANIPULATION THE MARKET!!!!!!!

Im not saying that this is definitely the beginning of a bear market, but it is sure starting to look like one. Just saying that SOME INSCUPULOUS ANALYSTS have alternative agendas and do try to MANIPULATE the market, knowingly.

seeya
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