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Strategies & Market Trends : Classic TA Workplace

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To: Kirk © who wrote (125163)10/18/2005 8:41:45 PM
From: Shack  Read Replies (2) of 209892
 
Yes Kirk, I follow it regularly though I do not record it. I am sure it is at the lowest level I have ever seen, the Oct 2002 low had a 0.16 reading. Its been one of the key reasons I do not believe in a wholesale decline, and is arguing for quite the opposite IMO.

Charts have not been in agreement which is why I have kept my positions light, but the action on MMM is now the first indication that something very bullish may be coming our way.
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