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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Lane who wrote (13498)12/17/1997 12:39:00 AM
From: roly  Read Replies (1) | Respond to of 70976
 
Lane,

From the same site, click on Momentum. There's a technical
explanation. It states " Conventionally, the market is overbought when momentum is positive and oversold when momentum is negative"
The way I interpret it, as long as the line stays below 0, it is still an oversold situation. I'm also new and just reading from this interpretations.
Anybody, please correct me if I'm wrong.

Roly