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Strategies & Market Trends : Ask DrBob

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From: chichi2	7/31/2008 6:44:36 PM
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Again, Alert was made by Nasdaq MCO smallchg at Close today, so there is a tendency for MajorMoves on Friday or Monday. (Unless there is another MCO smallchg move on Friday.) This signal does not give direction with it. That signal gives Nasdaq MCO two signals on successive days. The success rate of these signals YTD 2008 is perfect. Note: There is ample room in the MCO areas for both Nasdaq and NYSE for direction to be Up or Dn. However with the close today, it would lean toward Down. But who knows if the Trend at close will follow thru if there are economic surprise tomorrow. McClellan Oscillator and Summation** MCO small changes are circled on my charts. Summation charts also included. Also Decision Pt charts. Click here for several McClellan Oscillator and Summation Charts siliconinvestor.com Be sure to click on the above URL for more comments.

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