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Politics : Idea Of The Day

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To: Jerry Olson who wrote (24397)3/17/1999 11:57:00 AM
From: James Strauss  Read Replies (2) of 50167
 
OJ:

The McClellan Oscillator is based on the NYSE... Current reading is still positive but zagging down... decisionpoint.com

The McClellan Summation Index has made a turnaround...
decisionpoint.com

Because the Summation Index takes a while to turn around, when it does, you at least have a short term trading oppty in the direction of the turn... Right now the direction of the turn is up... Also, too many gurus are jumping on the sell Dow 10,000 bandwagon... That's almost as good as a Business Week headline telling us there's a correction... : >

My money is in equities right now... Overseas heavily favored... Also, a few little stocks (IFLO and AGY) have great Relative Strength...

Jim
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