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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad

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To: Dexter Lives On who wrote (1552)3/25/2001 12:35:05 PM
From: Cush  Read Replies (2) of 5144
 
<font color=green>S&P 500 Index

www3.sympatico.ca

Hi Rob. Here's the S&P.

I don't see any obvious conflicts to point to.

The Stochastic and MACD both gave clear sell signals that were best heeded, at the beginning of February.

What I did find worth noting on this chart was the period of time that the Stochastic has been in the oversold zone, since then.

I have used pink to indicate the period, and pink to show the price trend, in that time.

This should be a reminder for me, and for anyone else who is tempted by it,

Stochastic in the oversold zone is not a buy signal.

Rob and everyone, please comment on anything you notice in any of these charts.

Cush
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