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I found this over on m.i.s Is there anyone in this group that could confirm the
A/D line minus the energy related equities?
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Dave
> A few days prior, Abby Cohen of Goldman Sachs predicted
> DOW 8700 in 1998, adding that she believed this to be
> a conservative estimate. Today, John Bollinger of
> Bollinger Capital and founder of Bollinger bands,
> reiterated much the same. Alluding to the A/D line,
> John stated that a continuing bull market is the most
> likely scenario. He explained, If you remove the
> energy sector (oil integ, oil drillers, etc) from the
> market averages, you will see that the market
> is currently in great shape.
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