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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (15309)11/16/2002 12:09:48 AM
From: TREND1  Read Replies (1) | Respond to of 30712
 
3LB Trends of 14 Indexes:
(1)Internet and Networking Indexes 3LB charts turned
positive Today.
(2)The other 12 Indexes remain negative.
(3)Reversal numbers are listed under comments.

Larry Dudash

groups.yahoo.com



To: ajtj99 who wrote (15309)11/16/2002 6:22:50 AM
From: Rich1  Read Replies (1) | Respond to of 30712
 
with both the Fast and Slow STO's turning up past 50 isnt that Jeff's AV..??
TIA..



To: ajtj99 who wrote (15309)11/16/2002 7:02:00 AM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 30712
 
AJ: Great, I have to guess <g>. If your point is that this is Jeff's AV on the Dow, then I am not sure as the turn took place around 25 and so maybe not at or near 50 as Jeff has suggested in the past. But if that is what you see, then you might as well look at the sox and rut. With that said, however, the AV that hit on the compq and ndx are very well developed with the comp over 80 and the NDX right at 80. So, does this suggest sector rotation coming? I dunno -- this is Jeff's stuff and I have not followed it as long as he has. Otherwise, what do you see?