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

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To: GROUND ZERO™ who wrote (10416)	12/16/1998 8:13:00 AM
From: Patrick Slevin	Read Replies (2) of 44573

I've heard Dave Plonk, one of the resident E-Wave experts, is bullish to 1196. The E-Wave guys I read have 95 as around the high end; but they change their reads every few hours, it seems. I don't look at my (your) A/D numbers more than once a day but last I looked (yesterday, mid-day, I use NYSE data) the number was over negative 5K and that seems like a reach to bring back positive in a week. But I haven't looked closely and I'm stepping out in a second. The overnight Globex action is less bullish than I thought it would be and Europe is up, as I recall. I don't know what to make of this, I thought the markets would be taking this higher last night. Well I have to run....I just don't know if this apparent lack of enthusiasm is positive for today's action or not.

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