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Strategies & Market Trends : P&S and STO Death Blow's

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To: Lone Ranger who wrote (30197)6/19/2003 9:37:26 AM
From: dvdw©  Read Replies (1) of 30712
 
You said; At any rate, we are due, perhaps over due for some sort of correction and my readings have noticed further negative divergences, but as stated in my last post, up til now they have meant jack. Sooner or later they will hit

I remember thinking the same thing in July 01 about the divergences my own systems were picking up.....it took me another 7 months to figure out why the divergences were not pointing to the trend changes; but were in fact part of the current trend, accompanying it as it continued.
In other words Divergences help characterize a trend in the present, authenticating it.

Dont make the same mistake I made, divergences are a part of the current trend, without them the trend wouldnt be what it is.
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