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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (18260)	5/9/1998 7:03:00 PM
From: Vitas	Read Replies (2) \| Respond to of 94695

Jerry Favors wrote a piece on the Lindsay indicator in the January 1992 issue of Technical Analysis of Stocks & Commodities. I'm trying to find where I put the darn thing. In the meantime, see: Message 4320855 Take a look at: Message 4309236 Count the days. There was a new high in September, 1992, which did not break the 45-50 day trading pattern requiring the start of a new count. For a warning shot, take a look at the McClellan on September 8, 1987, within the third peak rollover pattern. So far I think we are following the August-October 1992 pattern fairly closely. That should bring us to the upper Bollinger Bands this week. A classic Lindsay sell at that point would be a Dow new high on negative breadth. Vitas