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


To: ViperChick Secret Agent 006.9 who wrote (19146)5/26/1998 8:06:00 PM
From: bearshark  Read Replies (1) | Respond to of 94695
 
Lisa: I use the WSJ interactive number and calculate the 5-day myself. From today back the numbers are: 1.95, 1.04, 1.17, .83, .97. The 5-day is 5.96.

This will be an interesting buy signal since it will be the first one since 1/9/98. I would be careful with the first buy signal. If the market is very weak, then it should start a decline before the next sell signal.