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Strategies & Market Trends : Ask DrBob

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To: the-phoenix who wrote (2087)	8/29/2000 2:33:57 AM
From: Drbob512	Read Replies (1) of 100058

the-phoenix: I still follow the McCllelan Summation Index once in a while, and I commented on the Nasdaq version of it last week or two, as it was showing weakness and some bearish divergence. I don't follow the regular one much anymore, as I have been focused more on the tech/net stocks and the Nasdaq. Plus it is an intermediate to long term indicator and lately I have been more short term oriented. But it is a good indicator and should be followed more closely probably, especially now that it is showing some negative indications on both the NYSE and Nasdaq versions... What do you think it tells us?

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