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To: Dom B. who wrote (48983)	8/1/1998 11:56:00 PM
From: donald sew	Read Replies (1) \| Respond to of 58727

Dom, Take a look at the charts of the McOscillator and Summation index. First look at the current period and you will notice that when McOSC and Summation indexes got this low it would have been a buy signal. that would be the normal assumption. Now take a look at the divergence of the advance/decline line and the actual price levels. That gave me the hint that something is changing and then I questioned whether the McOSC and Summation indexes could go lower. Now take a look at the 1987 chart and you will notice that the summation and McOSc got even lower than the current levels. Also notice the divergence between the advance/decline line and the price levels just before the market crashed in 87. I am not saying that right now it will crash, but I can make the conclusion that the McOSC and Summation indexes can go lower when there is a divergence in the advance/decline line - price. I feel that many may just quickly come to the conclusion that per the current levels in the McOsc/Summation it is a buy signal. That conclusion may be wrong in light of the divergence. Hope I explained it clearly decisionpoint.com decisionpoint.com Seeya