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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (18243)9/14/2000 11:21:09 AM
From: AllansAlias  Read Replies (1) of 436258
 
heinz, I do not recall this being mentioned, although surely it has been talked to death somewhere. I have been watching the divergences between the COMPX and NDX lately. usually, i more or less ignore the COMPX except for wide timeframe reviews.

The two important daily sMA's are inverted and have been since mid-June when the compx 50 crossed under its 200. The last time the compx 50 crossed down over the 200 it was a pretty good sell signal of course -- late sSept/early Oct 1998.

Today for the COMPX the 200 waits close by overhead. The NDX candle engulfs them both.

All good fun and am just musing while I watch my long struggle. -g whipsaw city these big gap up days.

(edit: Nice bounce on DXY!)
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