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Strategies & Market Trends : John Pitera's Market Laboratory

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To: GROUND ZERO™ who wrote (390)3/10/2000 3:49:00 PM
From: IndexTrader  Read Replies (1) of 33421
 
Hi GZ,

What do you think of todays action?

The McClellan Oscillator turned back down but my reliable breadth indicator (ITBM) turned up a couple of days ago and is still moving up. How does your breadth oscillator look?
I would think such a weak Friday could portend a sharp selloff next week. I think I will stay on the sidelines until the market makes up its mind.
Susan
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