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Strategies & Market Trends : Technical Analysis - Beginners
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To: CatLady who wrote (9253)2/13/1999 4:48:00 PM
From: Paul R. Drahota  Read Replies (2) of 12039
 
Catlady, A/D lines ind., New Hi/New low ind., interest rates increasing, McClellan Summation deteriating, Dow utilities are deteriating. Is there a point in which a mental warning flag
arises and says hey, caution here. To me it seems a little harder to make money now and probably in the next 2 to 3 months according to the
StochRSi(14), StochRSI(44) and StochRSI(56)as well as the Projection Oscillator(140,25). Note the down cycle we are entering. The Dow and NASDAQ intra-day hi-low are wider hinting volatility before the intermediate correction. Or do you enter into the shorting trade mode? Seems risky buying PROG at this time. But then, who can accurately predict the markets to the T anyways. Just
curious and learning the broader ropes. Thankyou in advance.
Paul D.
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