Waiting for the big Kahuna 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 : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GROUND ZERO™ who wrote (38114)	3/9/1999 8:27:00 AM
From: Vitas	Read Replies (1) of 94695

GZ, I got stopped out Friday morning and reshorted yesterday's close primarily because of the new spx high on negative breadth and negative breadth oscillators (17 day and 25 day). If you look at the 1% ema of a-d: decisionpoint.com it downticked with yesterdays negative breadth and perhaps put in a double top versus two weeks ago. As long as breadth remains negative I'm going with it. If we take out Friday's high in the a-d line, or if the 1% ema breaks out above Friday's high, I would have to get flat. If we took out the a-d line low on 2/10/99, currently 1526 net advances from yesterday's close, I might get st bullish. Intermediate - long term bullish would require the McClellan summation downtrendline from July 1997 being taken out: decisionpoint.com Vitas

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next