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To: TheStockFairy who wrote (42108)5/21/1999 9:49:00 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 86076
 
TSF,
It is more of a change of bias. The two indicators that turned south are the HiLo Bullish Percentage and the % of stocks below their 10 day moving average (bullish percentage). The first indicator that would cause an outright defensive positioning would be the Optionable Stock Bullish Percentage (BPOPTI). The main indicator is the NYSEBP).
JXM
h