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To: John Pitera who wrote (56167)1/10/2001 12:23:46 PM
From: Jack of All Trades  Respond to of 436258
 
John,

So the crossover last Feb/March fortold the NAS decline will the crossover in Dec fortell the NAS bottom?????????



To: John Pitera who wrote (56167)1/10/2001 12:23:46 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 436258
 
John,

So the crossover last Feb/March fortold the NAS decline will the crossover in Dec fortell the NAS bottom?????????



To: John Pitera who wrote (56167)1/10/2001 12:30:47 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
you're comparing the NAZ to the NYSE a/d line?

check this (load and read the attached paper on the a/d line...very interesting conclusion regarding the likely stopping point of the supercycle bear and how that can be inferred from the a/d line).

csf.colorado.edu

note btw. that the improving a/d line also means that the percentage of overbought stocks has risen.


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