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In that case we are in a direct correlation to 1929?
Mervin Yeung wrote:
> Hi RTs,
>
> Historically, AD line worked most of the time. Occasionally, it
> didn't. See the attached chart yourself. Look at the period from Aug.
> 1928 to Aug. 1929. The stock market was going up and AD line was going
> down. If one had believed that this meant bearish and went short in
> Aug. 1928, he would have been in big trouble.
>
> The chart is at http://decisionpoint.com/HistCharts/ADfiles/AD2830.html
>
> Mervin
>
> Ira wrote:
> >
> > You can't have it both ways. With the advance decline line continuing to go
> > lower, the guru's have been saying the market is going to fall apart. Now that
> > the advance/decline is bottoming????
>
> ------------------------------------------------------------------------
> [Image]
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