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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (37814)3/5/2002 10:18:28 PM
From: Softechie  Respond to of 99280
 
Understanding SOX is beyond me. They must love this sector.



To: Justa Werkenstiff who wrote (37814)3/5/2002 10:36:50 PM
From: byhiselo  Respond to of 99280
 
re SOX, thus far, and i stress thus far,

the MACD on the SOX daily has a negative divergence when compared to 12/5/01 and 1/9/02 highs:

stockcharts.com[l,a]daclnyay[p][vc60][iLa12,26,9]&pref=G

cheers



To: Justa Werkenstiff who wrote (37814)3/5/2002 10:54:35 PM
From: ajtj99  Read Replies (2) | Respond to of 99280
 
Justa, the NYA, which the Dow is more related to, had some big white candles also, so there is some broader follow up. The NYA has been in an uptrend since the early Feb. lows, unlike the Nasdaq and SPX.


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