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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (38132)3/10/1999 12:03:00 AM
From: Vitas  Read Replies (3) of 94695
 
GZ: >>>I take them as an oversold action<<<

sometimes a-d oscillators get oversold and get even more oversold -
you know that.

The NAZ a-d line made a new low today - if this market were healthy both the NYSE and NAZ a-d figures should have been at least positive Monday and Tuesday to support price action.

AND more new lows than new highs today.

Catching falling knives is an interesting sport.

Vitas
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