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Strategies & Market Trends : Contrarian Investing -- Ignore unavailable to you. Want to Upgrade?

To: MACD X who wrote (282)	9/21/2006 10:14:08 PM
From: pcyhuang	Respond to of 4080

More about the four indicators: 1.$NAAD's current reading is -76700. It has to break -77732.57 to reverse the trend to the downside. 2.$NAHL's current reading is 57600. It has to break 57370 to reverse the trend to the downside. 3. $NAA200R's current reading is 40.26. It has to break 36.80 to reverse the trend to the downside. 4. $NAA50R's current reading is 59.59. It has to break 54.56 to reverse the trend to the downside. Then of course, we have to examine the same four indicators for stocks traded on the New York Stock Exchange. If any of the 4 indicators violates its respective turning point, we take it seriously as a warning sign in potentially a more serious market reversal. Following these rules have helped us to avoid many prolonged disastrous market's down drags. Just relying on fundamental reasoning like signs of weakening economy, inverted yield curve etc. would often cause the investor to exit the market prematurely. pcyhuang