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

To: GROUND ZERO™ who wrote (37187)	2/6/1999 10:47:00 AM
From: Berney	Read Replies (1) \| Respond to of 94695

GZ, I appreciate that you were kind enough to share how you look at the a/d line. I track it religiously, as well as the high/lows (do the same moving average on it), and the AMG mutual fund flows. Clearly, this week will continue the deterioration in the a/d line. Because we will be dropping the last couple of days of December and first few days of January, a positive 3,300 will be coming off the count. Hard to believe the market will have that kind of improvement. That said, my count shows the a/d line bottomed on 12/14. That should have been (in retrospect) the entry point. The count peaked on 1/11, and that should have been the exit point. In other words, it seems to me that it is not only important whether the a/d line is positive or negative, but whether it has reached a perceived top or bottom. I still feel like I'm in the information collection stage, but, again, thanks for opening my eyes to the issues. Berney