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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Jorj X Mckie who wrote (40)2/8/2000 10:11:00 PM
From: John Pitera  Read Replies (2) of 33421
 
we still have the NASD momentum divergence sell in place,
but we will need to see a reversal in the next day or two.

geocities.com

and we have closed outside of the Bollinger Bands for the only time this year, this is statistically abnormal, and we should move back into a trading
range, of which we are at the top currently.

geocities.com

and we are at an extreme in the linear regression using the data series since the Oct 8th 1998 low.

the two grey boxes even may be showing a price pattern similar to earlier in the year.

John
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