Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Bald Man from Mars who wrote (6377)	4/6/1998 8:24:00 PM
From: Kip518	Read Replies (2) of 18691

BMfM, since January 28 (DOW 7915) my TA software (AIQ) has called this market up. But tonight it says: Intraday high prices of the DJIA have increased to a 21 day high. Never the less, the advance/decline oscillator is negative. This unusual event is read as a very strong bearish signal that is often followed by a downward price movement. Amazing the comfort one can get from a mindless computer algorithm. Looking forward to tomorrow. Bon chance, Kip

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