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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Mr. BSL who wrote (14024)5/30/2000 8:29:00 AM
From: Allan Harris  Read Replies (1) of 15132
 
Now that I've sobered up, one more interesting facet of my charts: The A-D line that I follow made a new low last week, which would normally be a negative indication. But this time it did so with glaring positive divergences in the Elliott Oscillator, MACD, and RSI as well as a now completed five-wave patterns from both the Major High on March, 1998 and an Intermediate High in July, 1999. A strong A-D line this week would bolster my confidence in a sustained summer rally.

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