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Strategies & Market Trends : Waiting for the big Kahuna

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To: Death Sphincter who wrote (32867)11/1/1998 1:00:00 AM
From: Thomas C (Hijacked)  Read Replies (3) of 94695
 
Hey guys, I think Dell and Cisco a.k.a. Nasdaq are ripe for another crash....

I was just looking at their OBV (On Balance Volume) relative to prices. I think the interpretation should be rising price peaks should accompany rising OBV peaks. Well guess what, Dell is almost at a new price peak, but OBV is MILES behind. This spells divergence to me which means its soon time to dive......

tc
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