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


To: Justa Werkenstiff who wrote (17083)11/25/2002 9:54:51 PM
From: ajtj99  Respond to of 30712
 
Yeah, but now we have to wait for the 20EMA to be crossed from the upside on the BPNDX. That may take a couple weeks yet, and it could be a week late in confirming a change of trend.

The BPNDX hit 83 in April 2001, but we still had a month before we had our top. Absolute numbers are nice for getting into the topping area, but you and I both know the trend doesn't change for good until that cross-over happens.