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


To: SE who wrote (46701)6/23/1998 3:50:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 58727
 
Scott
This sell signal on the Naz has really bothered me.
I have not back tested the info from Vitas yet to see the history of the NAZ.

Perhaps it doesnt work as well for some reason.

we are just a few points away from record levels on the NAZ

but why we are is something I still havent figured out...last time I heard..Asia was a problem with earnings...last I heard...there was an Asian currency crisis...

However, it does appear we will get the sell signal on the NYSE AND AGAIN on the NAZ

I think we should start looking at Gersh's idea about Fed liquidity. Let's see how the sell signal operates when we are going to have 9 days in a row of the Fed "doing its thing"