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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (4871)	1/18/1998 8:52:00 AM
From: Doug R	Respond to of 42787

Chris, I've posted a few things concerning the Dow on the 56 thread, here's the links. The first 3 are about one indicator. Read them all first before trying this at home: <<gg>> Message 3195430 Message 3195559 Message 3196290 Then, if your software is up to it, check out the 233 and the 377 day Bollinger Bands on the Dow. Also note where the 200 dMA is at this point bearing in mind what the 13, 8, 8 and 89, 3, 5 and 233, 21, 34 stochastics are up to. Then there is this post: Message 3196374 And one by Ocote, an attendee of my seminar: "Tried the Bollinger Bands at 377,2.0, but my computer calculated on and on. Tried it again with BB 35 on the weekly charts plotted against the RSI 13(weekly). I notice that the previous moves correlate very nicely with tightening BBs with this setting, taking a cue from the RSI. With the above setting the RSI has a steep downward angle while BBs are very tight. Am I on the right track?" He's on the right track. So far I am not going to say it's a bear market scenario in public. But it doesn't look good. Especially if the 200dMA turns over. Doug R