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Pastimes : Trading the markets.....
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To: GROUND ZERO™ who wrote (736)11/10/2000 2:18:35 PM
From: Chip McVickar  Read Replies (1) of 4583
 
Interesting the way your NYSE 25 day sum is reacting.

The last time it went -minus into plus territory was on June 2nd.
This was proceeded by a series of broken and short lived 20 day spurts.

From June 2 it stayed plus until Sept 19th, and right on the dot of a 40 day cycle it turned negative. Nov 13th puts us right on a 40 day cycle again and I expect a positive change. I've a 6 day window structured in from having watched the last few years.

So..., the 25 day sum is pushing up against neutral at about -1500 (0.95 ob/os)..., between Nov 13th and 21th the sum has a window here and should either fail to rise or continue negative.

I suspect this count will turn positive and the markets will begin rising into the end of the year. At least the NYSE.

But GZ, the markets are still in a downward trend and the rise maybe muted.
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