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Strategies & Market Trends : Ask DrBob

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From: chichi2	8/1/2008 6:17:05 PM
	of 100058

Third Alert signal made by Nasdaq MCO smallchg at Close Friday. Again, Alert was made by Nasdaq MCO smallchg at Close today, Friday, August01 so there is a tendency for MajorMoves on Monday or Tuesday. (Unless there is another MCO smallchg move on Monday.) This signal does not give direction of Major Moves. Nasdaq MCO gave three signals on successive days; with today's Major Moves satisfying the success of the first two Nasdaq MCO signals with negative Major Moves in NDX,NAS,and QQQQ. (Three days of successive signals is rare.) 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. 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 comment info is there. Below chart gives perspective of where we are. siliconinvestor.com

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