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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Stoctrash who wrote (3349)2/26/2001 4:08:48 PM
From: John Pitera  Read Replies (1) of 33421
 
Fred, I agree about the daily charts. they are not just oversold,-- many have created oscillator momentum
buy divergences on the daily charts. I'll have to check the weekly charts on the NASD and NDX, but
I'm pretty sure we've got weekly buy divergences on these indicies as well.

the advance decline line has improved quite a bit over the past couple of months,as well.
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