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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket. -- Ignore unavailable to you. Want to Upgrade?


To: Smooth Drive who wrote (967)7/5/1999 11:18:00 PM
From: chartseer  Respond to of 2103
 
Hello Again!

Thanks for the updated charts. FWIW I ve started keeping the QQQ BP on a ten day moving average. Figure being it is only 100 issues a 10DMA may give a better read.

Saw something of yours asking about Zweig's indicators. I don t know about Zwieg's indicators but I always keep some ZF in my portfolio for it's yield and for it's quarterly statements from Marty Zwieg.

Then again what the heck do I know?

short this market

chartseer



To: Smooth Drive who wrote (967)7/6/1999 9:10:00 AM
From: Les H  Read Replies (2) | Respond to of 2103
 
Eric, isn't there trendline resistance around 120? FWIW, the RSI AIQ (AIQ's special version of Wilder RSI using 7-day EMA) has been going down for 3 weeks while the NDX-X has been rising. The only index among Dow, S&Ps, and Nasdaq to be doing this. It's down to 37 which is only 7 above the oversold reading, with 70 being the overbought level. The last two times it did this was in mid-October and early January. Both times the index continued making new highs.