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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (22069)7/22/1998 9:03:00 PM
From: Monty Lenard  Read Replies (1) of 94695
 
"The simple A/D issues suite me, with that but separate I like to
look at the new highs / new lows"

Hi Jim, The new high/new lows seem to have confirmed today what we say yesterday. I have found another one I am looking at that I will send as soon as I get through with it. So far it looks promising. I know we (or at least I)am shotgunning this and going in many different directions but I will discard some of these for 2 or 3 that work together but represents different signals.

As far as the NASD volume, that is why I started working with percentages rather than "quantity".

I am still working with the S&P 100 as you suggested as I think you are probably correct in that it may be useful as a divergence indicator.

May be out of pocket for a day or two (depends on how some tests go tomorrow) but I will update as able.

Good luck.

Monty
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