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Strategies & Market Trends : Buying SPLITs and other Strategies
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To: Terry Whitman who wrote (817)4/6/2006 9:21:23 AM
From: Terry Whitman  Read Replies (1) of 1163
 
NEW CHART reads.
Scale goes from -5 to +5:


SYMBOL   Rating   Prev. wk. 
$RUT       +5        +5        
QQQQ       +5        +4           
SPY        +4        +3           
LU         +3        +2           
$SOX       +3        +1          
DIA        +3        +1                                
MCD        +3         0       
HON        +2        +3  
GE         +1        +3                 
T(SBC)     +1        +3             
PPH        -1        -1 
GM         -4        -4    
AVG.      +2.08    +1.67            
SCORE


Slight improvement. New highs on most of the indices, yet the avg. score is not all that impressive.
I guess that would be called a divergence. Perhaps a caution to the uber-bullish, but we also know
that divergences can sometimes last quite a while..
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