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


To: Jeffrey S. Lillie who wrote (20988)12/20/2002 2:00:44 PM
From: ajtj99  Read Replies (1) | Respond to of 30712
 
MACD on the daily crossing down below 0. Usually when that happens, it drops at least until -50 before reversing:

stockcharts.com[h,a]daclyyay[de][pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14][J8221256,Y]&pref=G



To: Jeffrey S. Lillie who wrote (20988)12/20/2002 2:01:45 PM
From: JRI  Read Replies (1) | Respond to of 30712
 
Jeff- Sold longs earlier, but certainly didn't expect so much difficulty with the 1020 NDX (a-99 pegged that nicely)...was gives here?

Also, the QQQ rebalancing...you (or anyone) understand the net effect going forward? (Of course, I've seen companies going in/out...but isn't it around 5% of total, so switching "volatile" tech for mundane not so relevant)