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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (12241)12/24/1997 7:54:00 PM
From: Joan Osland Graffius  Read Replies (1) of 94695
 
Hi GZ, >>The AD is also negative now.

I have gone back and looked at the bear markets since 1960. The AD being negative seems to be the first indicator I can find that preceded these markets. It seems obvious that a negative AD line is necessary for a bear market, but as far as I can tell this is a consistant early indicator.

BTW, where are you getting your AD data?

Joan
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