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


To: Vitas who wrote (22124)7/23/1998 9:29:00 AM
From: Terry Whitman  Respond to of 94695
 
Interesting observation on the RUT there Vitas. Here's one for the NYSE that might be of interest: The 1%EMA of the A/D is UGLY.

decisionpoint.com

This chart looks like some of the small cap dogs that I hold. Last week was the second failed rally, and it was a real weak effort.
Yesterday's new highs/new lows = 37/174. Very weak.

I don't see how any good technician could be bullish right now for anything other than the ultra-short term..

TW



To: Vitas who wrote (22124)7/23/1998 12:13:00 PM
From: Monty Lenard  Respond to of 94695
 
Vitas, I don't have anything going back that far. My info only goes back 7 or 8 years.

Monty