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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: John T. who wrote (25045)7/9/2000 12:52:39 AM
From: Lee Lichterman III  Read Replies (2) of 42787
 
Regarding teh Advance decline, I have been using it as a market indicator but in a contrarian way recently and it has been working fairly well. While the NYSE is improving and has not yet triggered a sell, the NASDAQ advance decline did signal a sell on my system as of Friday's close. it isn't perfect and in this basing period of tight rapid moves, it could prove to be false but I did find it interesting none the same. One additional note is that it is only a short term signal and not a major class signal.

The chart is posted here for viewing.

marketswing.com

Good Luck,

Lee
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