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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Craig DeHaan who wrote (26580)2/21/1999 12:11:00 AM
From: Doug R  Read Replies (1) | Respond to of 79263
 
CDmon,

The thing about SMI is that each stock has its own individual bullish threshold...can't be scanned for but alerts can be set up once the threshold is determined.

I've been very focused on the Dow this week. I mentioned the possibility that "panic buying" might set in. The Dow bullish threshold on the 13, 25, 2 SMI is right at 0. We're sitting there now. Some other widgets are heating up. Strength on Monday will give the nimble about 10 minutes to get in before panic sets in. I noticed some Dow stocks and other bellwethers on those hits of yours. Hmmmmmmmmm.

Doug R