Systems, Strategies and Resources for Trading Futures Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stoctrash who wrote (7912)	11/5/1998 1:16:00 PM
From: Patrick Slevin	Read Replies (1) of 44573

McMillan's oscillator is at the second highest level in it's history. He says the other times it came within reach of this level once there was a further 500 point upward move afterwards (June '97)and the other two times were during existing heavy rallies (Januaries of '76 and '91) both of which went on to sideways movement for nearly a year. The one in '76 eventually gave way to a bear market and the one in '91 to a bull market. From the SuperTraders Almanac, November First to May First has been the best time of the year to own stocks in this century. During this period the Dow has gained 7371.9 cumulative points over a 47 year period. Fun stuff for the trivia buff to know.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next