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: Brian Hornby who wrote (14961)2/7/1999 3:35:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 44573
 
Brian,

I agree with your point about the common occurrence of divergence. But I'm not using that as a sole indicator, except to say that the broader market has clearly not participated in this rally... If it had, then the a/d would be higher.

Looking at the a/d characteristics is much like looking at an x-ray, the looker has to know what to look for along with other factors. I could easily be wrong, but what I'm looking at is the way the a/d ratio has been accelerating into negative territory simultaneously with the chart break down of several major groups.

GZ