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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: StockJock-e who wrote (28601)	10/6/1999 7:28:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 99985

Stock, one of my favorite indicators is the mccllelan oscillator, i watch bullish and bearish divergences on this and the summation index (a sum of the oscillator readings) I posted a bearish divergence in the summation on July 19th when the oscillator broke into negative territory and i also posted a bullish divergence in the oscillator last week. Today we took out the series of lower highs in the oscillator. i find this bullish, there are plenty of sold out sectors and with all the selling going on, mm's have cash. decisionpoint.com