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Strategies & Market Trends : Classic TA Workplace

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To: orkrious who wrote (73436)	5/10/2003 1:29:43 PM
From: nspolar	Read Replies (1) of 209892

ork, I follow those parameters. Imo they are acting like they want to do something of significance, but it isn't obvious they yet have. DPoint plots the 10 dma of the OEX PC ratio. It is rapidly increasing at the moment, but is not yet in the significant zone. RE <Presently Tom McClellan points out that the ratio is at its highest and most bearish level since January 2000.> According to DP data this just ain't so. A high number would 2 or even higher. Maybe we ain't comparing apples to apples here, don't know for sure. We did have a minor inversion recently. decisionpoint.com Since that chart the OEX 10 dma decreased to a low number, is now increasing again.

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