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Strategies & Market Trends : Buying SPLITs and other Strategies -- Ignore unavailable to you. Want to Upgrade?

To: Terry Whitman who wrote (1084)	11/13/2008 8:15:20 PM
From: Rarebird	Read Replies (1) \| Respond to of 1163

Sign of an intermediate term bottom coming? reuters.com

To: Terry Whitman who wrote (1084)	11/20/2008 9:03:11 AM
From: Terry Whitman	Read Replies (1) \| Respond to of 1163

NEW CHART reads. Scale goes from -5 to +5: SYMBOL Rating Prev. reading MCD -2 1 ALU -3 -3 PPH -4 -1 HON -4 -2 T -5 1 QQQQ -5 -2 DIA -5 -2 SPY -5 -2 $SOX -5 -2 $RUT -5 -2 GE -5 -4 GM -5 -5 AVG. -4.42 -1.92 SCORE That improvement didn't last long. This Bear has claws, AND teeth. Next support not far down fm here however- SPX 768, the Oct. 2002 lows. Although we hit a new low yesterday on the SPX, the Avg. Score is marginally higher than the Oct. 08 reading- which is a marginally bullish divergence.. New lows are also showing a bullish divergence.