SI
SI
discoversearch

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 : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (8180)11/10/1998 6:47:00 AM
From: GROUND ZERO™  Respond to of 44573
 
OJ,

Those numbers represent the 25 day cumulative sum of the NYSE advance declines figures. I use that as a guide to tell me whether this current market pull back is a rally dip or rally top. So far, it's just a rally dip, but if the numbers become negative, it's a top. It helps to filter out the distracting two and three day zig zags from the general trend.

These numbers can also decline when the equities still rally. This is indicative of a serious top and this occurred last July and gave me plenty of warning. Also, these numbers turned positive at the bottom of this recent collapse, which is why I went long back then.

GZ