SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (37338)1/13/2000 1:34:00 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 99985
 
In July of 97 the first of the indicators started giving sell signals. In August of 97, the main indicator (the NYSEBP) gave a sell signal which was followed by a stronger sell signal in the beginning of Oct 97. Most piffers would have been out of the market in August of 97, any that were still left would have jumped ship in early October.

So, I am not sure what your point is regarding P&F.

But you are right, individual charts look the most bullish at the top and most bearish at the bottom. The indicators that I keep referring to though are contrary indicators and are specifically used to identify the tops and bottoms.
JXM



To: bobby beara who wrote (37338)1/13/2000 2:00:00 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 99985
 
bb,
I have posted the NYSEBP chart as a reference. The year is listed at the bottom. The months can be identified by the numerics 1-9 for January through September and then A, B and C for October, November and December respectively.
Message 12556674

I will be happy to point out what is considered a sell signal and a buy signal.
JXM


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News