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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Ibexx who wrote (31906)3/9/2002 3:58:15 PM
From: Ibexx  Read Replies (2) of 52237
 
Naz Summation Index ($NASI) has convincingly crossed its 20d MA - a bullish signal?

Back in mid January, several TA gurus on this thread and others pointed out that this indicator has almost invariably pinpointed past market turning points, with small timing variances.

I was totally convinced by the beautiful correlation at the time, but now the gurus are very quiet about the bullish reversal.....<g>

stockcharts.com[m,a]daclyyay[de][pb20][vc60]&pref=G

Ibexx
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