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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (6873)2/22/1999 11:06:00 PM
From: Michael Rich  Read Replies (1) | Respond to of 99985
 
>> No, Im not buying with 2 hands just
positioning myself on individual stocks which have hit extremes. <<

Don, what stocks are you looking at? Thanks.

BTW, are you still playing index options for the most part or
switched to stocks?

My regards.



To: donald sew who wrote (6873)2/22/1999 11:20:00 PM
From: SpongeBrain  Read Replies (2) | Respond to of 99985
 
A/D Bearish divergence.....

decisionpoint.com

OK, look at the chart
Note now last summer NYSE continued higher as the A/D line went LOWER.
This preceeded the meltdown.

Now look at today. Same thing, only it looks like it could be worse,
Market has gone higher since late Nov. with A/D NOT making new highs....

BUT, this signal would have gotten you out in Dec.
Is this still a valid indicator?

We post commentary on:
tradingjournal.com
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To: donald sew who wrote (6873)2/23/1999 4:44:00 AM
From: Heg Heg  Respond to of 99985
 
Thanks Don,
for your update.

But what on earth is a CLASS 3 sell ????

<g>