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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (10585)10/25/2000 10:22:12 AM
From: Mr. BSL  Read Replies (1) | Respond to of 42834
 
There is beauty in being vague.
Hi Kirk. He was extremely vague on "market internals" before Memorial Day. After the pop, he was very specific about volume. How hard would it have been to say "closing low on lower volume" prior to Memorial day? A few weeks previous, he made fun of people who used the A/D line. He said that they have been wrong for a year and a half. He has never been a fan of new highs / new lows. Anyway, IMHO, buy signals on decreasing price is looking for trouble. Best to wait for the turn up. Still waiting for a follow through day on the NAZ. It could come today. Who knows. The only thing for sure is that it hasn't happened yet.

Dick