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Strategies & Market Trends : The Millennium Crash

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To: HairBall who wrote (2800)	6/16/1998 12:23:00 AM
From: Thomas C (Hijacked)	Read Replies (1) of 5676

If you are familiar with MACD Histogram, you would have noticed a bearish divergence on a weekly basis on the Dow and other tech indices as of early May. It was a class C sell signal which is the strongest sell signal available. The probability of crashes or big one day drops is very high with this signal. The signal is grounded in psychological interpretation. And need I say it again, the same bearish divergence Class C sell signal reared its ugly head in 1929 and would have bailed you out before the catastrophy! Yee Haaaw! Tom

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