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Strategies & Market Trends : TIMING INDEX MUTUAL FUNDS -- Ignore unavailable to you. Want to Upgrade?

To: Gersh Avery who wrote (66)	2/7/2000 11:22:00 AM
From: donald sew	Respond to of 428

Gersh, The divergence between the NDX and the NAZ appears to be widening. Earlier in the morning the divergence was a little under 10 points but now it is approaching 20. The NAZ is up 20 and the NDX is basicly flat. Lets see if the CLASS 1 SELL signal on the NAZ will work today. For now the CLASS 1 SELL signal on the SPX is working fine. Keep in mind, to see if the CLASS 1 SELL is working, the NAZ only needs to close off its highs, and should form some sort of DOJI/SPINNING TOP to give a hint that it should have started. Too often, I notice that some expect an immediate response with strong selling. It is common that the with a pullback it starts with a day of indecision (FLAT/DOJI/SPINNING TOP). seeya