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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Compadre who wrote (27347)7/11/1999 3:49:00 PM
From: F Robert Simms  Read Replies (1) | Respond to of 44573
 
This is an interesting chart:

decisionpoint.com

The indicator usually follows the market or leads it. It has diverged from the market. A quick glance at the past shows what happens when it does that.

Best Wishes,

Bob



To: Compadre who wrote (27347)7/11/1999 9:17:00 PM
From: F Robert Simms  Read Replies (2) | Respond to of 44573
 
Jamie, my best NDX model is a sell and is going long on Monday's close. Your system seem in sync with mine. Probably the OEX P/C ratio causing the sell signal with my net.

Best Wishes,

Bob

EDIT: I guess GZ would say not to bet the farm on the drop since he doesn't trust the P/C.