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To: AllansAlias who wrote (42643)6/20/2002 12:58:26 PM
From: The Freep  Read Replies (2) | Respond to of 209892
 
So, Allan, on the QQV divergence (and such). . .

Since you are looking for a "deep" breach of the Sept lows, why aren't you comparing the QQV now to the QQV then? Now we're at mildly lower QQQ prices than in September, but with the QQV lower. That would be a bearish divergence, yes? And mind you, I'm actually comparing the QQV to the first week of September, before the real panic spike (and the 80+ reading it ultimately hit). So, were you simply looking at the divergence now as more of a short term "hey, within my bigger scenario, we've got a smaller divergence" or do you think it means more?

the freep