SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ask DrBob

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Louis V. Lambrecht who wrote (58695)5/6/2002 9:13:18 AM
From: stan_hughes  Read Replies (2) of 100058
 
Louis - Last word (for now) on divergences.

In my never ending quest to keep things as simple as possible for myself, here's the unvarnished version of NDX divergence performance since January 1999 versus RUT, COMP and INDU -

members.rogers.com

IMO the divergences will widen before they begin contracting again, based upon my view of which stage of the corrective process we are in, BWTFDIK. Whether the level of divergence reaches the former extremes at the opposite end of the Nasdaq bungie cord remains to be seen.

Let's check back on it in 3-6 months and see how we're doing.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext