Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: bearshark who wrote (38670)	3/18/1999 7:47:00 PM
From: Chip McVickar	Read Replies (1) of 94695

bearshark, 25 day summation adv/decl of nyse volume...very interesting. I should start the math..... It must read some what the same as adv/decl.... What else does it tell you that is not found in a/d? The pitchfork I pointed out formed off the highs of Monday and is now forgotten History. The next one will form shortly. Until then check out the middle tine off 2/19 Lows spread from 2/24 High to 3/3 Low. Median line at 1307± Upper tine at 1346± The market has followed the same pattern as established over the last 10 weeks......But this time the SPX may have lifted off.... Nice thing about pitchforks is they let you get out quickly when the signals turn against my interpretation. But selling is still a problem. Take Care Chip

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