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AIQ using Dial Data as data source issues a 95-5 BUY signal. Using phase as
a confirming indicator this is NOT confirmed (YET!). WAL number went from
very bearish to slightly bearish 38-62 and US is still giving a bullish,
bullish confirmation at 91-9. Based on WAL and US numbers, I would not want
to be holding puts in this market. I'll go out on a limb and say this will
be a confirmed signal in a day or two. New index highs ahead on DOW, SPX
and NASDAQ.
Looks like my call for a down open and a up finish was right on. I just
didn't expect the AIQ buy signal to come tonight.
How about Telescan users....are you still on a sell or did you get a buy
tonight also. Let me know as I don't have any local AIQ user friends that
use Telescan.
Lee Clayton
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