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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Zeev Hed who wrote (78428)6/13/2002 1:48:09 PM
From: Pierre  Read Replies (1) of 99280
 
Zeev:

I know that two (among several) indicators you watch are RSI and Money Flow. I assume that you look for divergences in those two oscillators, but not sure. I've been watching a stock (telecom) that's down hard in the last several months (nothing unusual there) but over the last several days, while RSI has remained below its lower trigger line Money Flow has jumped above its lower trigger line quite dramatically. Is this divergence of significance and if so, Why?

TIA.

Pierre
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