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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (23098)1/30/1999 5:32:00 PM
From: James Strauss  Read Replies (1) | Respond to of 50167
 
Mixed Signals...
~~~~~~~~~~~~~~~~~~~
McClellan Oscillator Turning Up:
decisionpoint.com

A/D Line Is Deteriorating:
decisionpoint.com

New Lows Expanding:
decisionpoint.com

Short term, the market wants to go higher... But, the A/D line and New Lows are singing another tune... The A/D line looks like it did back in April right before the market tumbled... Also, there is a big divergence between the Dow and the Transports... Lastly, with over 60% bullish sentiment readings the market usually corrects... As such, I'm leaving some money on the table in European Funds and Index Funds and the Internet Fund, and will be ready to exit if the market breadth continues to weaken...

Jim