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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (43153)3/3/2006 12:41:17 PM
From: Logain Ablar  Respond to of 69144
 
Harry:

I don't know the answer to that question. I agree it is a lagging indicator and once it turns to more stocks on sell signals O's it doesn't bode well.

One point I do know is when the COMP and NYSE BP'S approach 30, it is a great time to buy (but of course one should try to find the strongest stocks to buy).