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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject8/28/2000 11:02:54 PM
From: the-phoenix  Read Replies (1) of 100058
 
Dr. Bob: McClellan Summation Index:

As I recall, you used to refer to the McClellan Index and Oscillator quite regularly in your TA updates, but you haven't mentioned them in some time now. I see that these indicators are now showing negative divergence from the NYSE price action: stockcharts.com
Could you comment, and perhaps tell us where this indicator fits in your current portfolio of indicators? Thanks again.

The Phoenix
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