Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 (22119)	7/23/1998 6:57:00 AM
From: Monty Lenard	Read Replies (3) \| Respond to of 94695

Thanks Jim, based on what I am looking at, we should get a bounce today. The McClellan Oscillator gave a sell sign on the NASD 2 days ago but the NYSE Adv-Dec needs another down day before crossing and giving a sell sign. These tend to lag (not short term) but when they do cross, the intermediate trend has changed. Weighted Totals: up +0.49% I pasted your list to a spreadsheet and tried to calc your 0.49% but was unsuccessful. You probably have explained the calculation before but I guess I missed it. while the OEX wasn't up today, the Magic 10 I look at had gains for the day In my previous post of the Adv-Dec %, notice that the OEX was the ONLY one that was positive. Wonder what this is trying to tell us? Wonder if they are a leading indicator? The Adv-Dec Issues on the OEX were still positive while the others went negative just prior to this down move we just experienced. Monty