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


To: William H Huebl who wrote (22054)7/21/1998 11:30:00 PM
From: bobby beara  Read Replies (1) | Respond to of 94695
 
WH, I am mostly into e-wave, trendlines, volume and rsi.

OBV is a great indicator. Volume and Price are KING, IMHO.

When you have a stock at new highs or a double top on declining OBV & RSI you have BIG divergence. The smart guys have sold and the little dumb guy is buying the dip.

bb



To: William H Huebl who wrote (22054)7/21/1998 11:42:00 PM
From: bobby beara  Read Replies (2) | Respond to of 94695
 
For the non-mentally challenged the a/d line and the summation index hinted at a sell signal today.

the a/d line turned down out of a symetrical triangle and the sum turned over.

decisionpoint.com

however, all that have been in this game for awhile know how mentally challenged the bulls are and they will take this balloon back up to 1205 and 2048, this is the summer rally after all and summer ain't over. Wish i could get a current chart on the nas a/d line.

Pop goes the weasel

bb