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Strategies & Market Trends : John Pitera's Market Laboratory
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To: John Pitera who wrote (39)2/7/2000 3:00:00 PM
From: Jorj X Mckie  Read Replies (1) of 33421
 
A convergence of indicators.....P&F still negative, however one of the main indicators turned positive last week (Optionable stocks Bullish percent). When these indicators fluctuate that much in one week, there has to be something up. Usually it takes weeks to months for these things to switch directions, and we had this indicator flipping in the same week....weird.

So I should hold those QQQ shorts, ehh?
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