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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Darth Trader who wrote (43296)5/15/1998 11:11:00 AM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 58727
 
just heard something on CNBC

a study done on the A/D line

I have to wait for them to repeat this story because I missed some of it

but it goes something like this

there have been 7 times that the A/D line has done what it has done now (I need to get over how many years and exactly what he is talking about...I think he means being negative as many days as it has been with the market up)

anyway

on all those 7 times
we have had a correction of 1 1/4 to 10.3%

and on the smaller corrections there were bigger corrections to follow