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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (40037)5/17/1999 7:23:00 AM
From: Chip McVickar  Read Replies (1) of 94695
 
Good Morning GZ,

Been looking at the 25 day summation...most over bought signals come in around +8000.... Over the last few days the sum has been banging around +6000 after about 17 days of an increasing flow of buyers. Except for Friday it loks strong.

Is there anything here in the 25 day summation that takes you out of the market?

What else took you out of the S&P's?

There's been a strong ascending triangle that was broken to the upside and now slightly penetrated to the downside. Except for interest rates there's been excelent volume flow and a broadening market.

Chip
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