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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: Richard Estes who wrote (9633)2/28/1999 1:37:00 AM
From: keith massey  Read Replies (1) | Respond to of 12039
 
Richard

I'm not saying the A/D line is the best indicator available, but I still believe it has some good prediction ability. It has followed the market very good for the past two years. It's only major divergence occurred last Sept and Oct and look what followed. In the past three weeks we have seen another large divergence. Will history repeat itself? Is the A/D line still a valid indicator? Time will tell.

I really don't want to turn this great thread into a discussion about the current state of the market. I would much rather see the basics discussed. However I thought this was something to bring to the threads attention. I also thought the site I posted was half decent.

Best Regards
KEITH