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To: augieboo who wrote (2597)2/16/2003 10:08:59 PM
From: nsumir81  Respond to of 11447
 
bullishness/bearishness is in the eyes of the beholder and influenced by trading position/bias-g



To: augieboo who wrote (2597)2/16/2003 10:50:43 PM
From: KevinMark  Read Replies (1) | Respond to of 11447
 
There's negative divergence occurring, but not from a charting perspective just yet except for VIX. If they (certain indicators) continue to slide over the next 2 weeks without breaking through certain areas (IE $nasi stopping @ -750 and reversing upward, amongst others), then it can be construed as positive divergence. However, I thinking more of a run for 2 weeks to a month for now and will then have to reevaluate. Certain indicators could be setting up into a wedge formation that will eventually play itself out one way or the other.