SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: James F. Hopkins who wrote (19889)6/5/1998 8:51:00 PM
From: Monty Lenard  Read Replies (2) | Respond to of 94695
 
James, the McClellan Summation Index started making a turn yesterday and today it indicates a bottom. This indicator never got this low in OCT, Nov & Dec. According to McClellan major bottoms are indicated when the Index falls below -1300 which it did on 5/28/98. The last time it went this low was in April 97. Would appreciate anyone who uses this giving me their take on it.

The McClellan Oscillator also says we are going higher as I believe someone mentioned in an earlier post this evening.

Monty