Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: whydididothat who wrote (30728)	2/26/2002 1:51:47 AM
From: Vitas	Read Replies (2) \| Respond to of 52237

whydidyoudothat -g- re the divergence between NYSE weekly breadth and prices - I'm getting used to it - it has been going on for a long time, since September 2000 it probably reflects interest rate sensitive issues and small caps showing strength, the Dow weekly a-d line does not have such a strong divergence there never has been such a divergence in either the weekly or the daily a-d line at bottoms, they always have bottomed concurrent with price, but the market has never ignored dropping interest rates either, except for the early 30's the divergence doesn't show up in the up - down volume charts because it is the large cap high volume stocks that have been going down it is the reverse of the situation in 1998 and 1999 where the a-d line and small caps were going down, while the large caps kept rallying the horizontal line on the NY trin 50 chart marks an oversold area: geocities.com the current uptrends in the trin 50 on both NY and NASD dating from January should contain any rallies, unless of course the uptrend lines break last Tuesday the NASD up down volume ratio was 9.7 to 1 to the downside, which usually, but not always, indicates a continuation signal I don't think that we will reach the intermediate term bottom until the NY and NASD 1 percent udv oscillators reach the oversold areas that I've marked with a red horizontal line, unless they go back above zero first thanks for the compliment