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In general I am pretty much a non-discretionary signal taker from
mechanical systems I have confidence in.Lately I have been wanting to
explore some indicators to screen signals.Below are end of day Nasdaq
comments on various indicaters:
1.Bollinger Bands-Indicating oversold.Look for price strength before
becoming bullish.
2.Time Series Forecast-Price is below regression so trend is down.
3.Common Channel Index-Now in bearish territory and short.
4.Stochistic Fast Custom-Oversold.Possible market rise coming.
5.Stochaistic Slow Custom-Same
6.Ultimate Oscillater-Neutral
7.On Balance Volume Indicater-Short term down.Long term up.Current
reading neutral.
8.Expert Analyst Indicater-Short term down trend.
The above would seem to confirm an intraday sell signal 7/30/99 except
for stochistics.
Comments and ideas welcome.
John
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