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


To: donald sew who wrote (34553)11/28/1998 1:29:00 PM
From: Jan Robert Wolansky  Read Replies (1) | Respond to of 94695
 
Donald, the Nasdaq small caps seem on fire, and the momentum looks like it's going to continue for awhile. Are your indicators showing a Sell also for these smaller stocks?

Jan



To: donald sew who wrote (34553)11/28/1998 1:44:00 PM
From: HighTech  Respond to of 94695
 
Donald:
5-TRIN 10-Trin %Above 200-MA

NYSE 3.968 .7943 36%

Naz 2.850 .6534 ?

The 10-Trin on the NYSE is the lowest reading since I
started keeping track in May of 98.

The 10-Trin on Naz was .6710 (lowest since June of 98) on
July 20, 98.

Overbought for sure. What to come not so sure but looks like down.

HiTech



To: donald sew who wrote (34553)11/28/1998 4:12:00 PM
From: William H Huebl  Respond to of 94695
 
Don,

Sounds good to me. A new indicator together with it's thrust deriviative is telling me we aren't much longer in this long (months to me) term move up. For some of the indices I keep, the thrust has actually gone negative even though the indicator is solidly bullish.

Bill



To: donald sew who wrote (34553)11/28/1998 5:47:00 PM
From: HairBall  Read Replies (2) | Respond to of 94695
 
donald: A Bull Flag has already started to form on the Dow Industrials. (End of Day Theoretical Semi-Log Chart)

My Indicators are close to giving a short-term sell signal. Unless the Market spikes up, I would expect the signal at the close of Tue/Wed, but maybe as early as Mon.

More analysis to come!

Regards,
LG