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Re: Divergence: looks negative w/ 45 minutes left



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I had a couple of requests to elaborate on the intraday study mentioned
at my web site so I added a figure and some additional explanation. 

Hope this helps.

Ned Markson
cnedgo@xxxxxxxxx
http://www.erols.com/cnedgo

Ira wrote:
> 
> It should peak in the first hour and go to a low at 11:20 PST. plus or minus
> an hour or so.
> 
> Ned Markson wrote:
> 
> > Doesn't look like a late day sell off today :) I'm looking for a couple
> > of up days.
> >
> > Ned Markson
> > cnedgo@xxxxxxxxx
> > http://www.erols.com/cnedgo
> >
> > khanitha wrote:
> > >
> > > It seems to me this divergence could lead to a big sell off,
> > > (of course i'm still holding those oex puts), based on past experience,
> > > this usually leads to a late day sell off.
> > > gary
> > > hawaii