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 : Jim's Nasdaq100 Special as a basket. -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (442)4/20/1999 9:55:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 2103
 
Hi Les; Well I don't see a really huge fall as of yet, as there
is so much liquid around, but as for the positive breadth thingy
I was looking at that and could see how people saw it, but I
noted a flaw in it.

The amount of over 10 DMA was going down through the amount of
over 20 DMA, the over 200 DMA was still going up BUT the 200
DMA was so low from the last OCT sell off that any straggler could
raise that amount while the others were still above it but heading
south.

I've asked Monty if he will toss in a 50 DMA to the
charts. I think going from 20 to 200 we lose the bigger picture
I'd really like to compare 200, 100, 50, 20 and 10 to get
the picture of breath direction. I think they were looking at
the 200 too much.
Jim