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Since it is a LEADING indicator I suspect that after a nice up day
tomorrow? we will have a bad beginning for next week
and even if we get the end of the month gift,, it should be suspect,,
ESPECIALLY if it contains bearish divergences
happy trading
Ben
----- Original Message -----
From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, November 22, 2001 9:42 PM
Subject: Re: [RT] Happy T-Day and a chart
> This one has the Ben Score for Nasdaq. Surprisingly it has already hit an
> extreme low way ahead of the Nasdaq. Looks almost like a downside
> exhaustion....or the foretelling of something more sinister for the
Nasdaq.
>
>
> ----- Original Message -----
> From: "profitok" <profitok@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Thursday, November 22, 2001 6:20 PM
> Subject: Re: [RT] Happy T-Day and a chart
>
>
> > Hello
> > Maybe we can get the clue from the score and the Mclullen osc for vol
and
> > issues for the NASDAQ
> > nice evening
> > Ben
> > ----- Original Message -----
> > From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Thursday, November 22, 2001 4:00 PM
> > Subject: Re: [RT] Happy T-Day and a chart
> >
> >
> > > For the Nasdaq Composite:
> > > Price trend - peaked 11/19, a sell on 11/20 at upper channel line,
> center
> > > channel support is nearby, implication is down.
> > > Sentiment - CBOE C/(C+P) peaked on 11/20 at the sell line, contrary
> > > implication is for more down.
> > > Momentum - 5 day weighted momentum turned red(down) on 11/19 now at
the
> > > whipsaw level, could go either way but downtrend is in effect.
> > > Breadth - 5 day TRINQ(lower yellow line) had been running at
> > > overbought(inverse indicator) and now has moved to neutral, could go
> > either
> > > way.
> > > Prime conditions when everything is in synchronizationfor a low risk
> short
> > > or long don't last very long.
> > >
> > > bobr
> > >
> > > ----- Original Message -----
> > > From: "Ned Markson" <cnedgo@xxxxxxxx>
> > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > Sent: Thursday, November 22, 2001 12:29 PM
> > > Subject: Re: [RT] Happy T-Day and a chart
> > >
> > >
> > > > FWIW, I'm showing an 83% probability of a reversal in the SPX and
the
> > Qs.
> > > Charts
> > > > at
> > > > http://users.erols.com/cnedgo/hrsk96.10313.7142/fcst108.htm
> > > >
> > > > gobble, gobble :)
> > > >
> > > > Gary Funck wrote:
> > > >
> > > > > First the chart: there a few bits of info. that support the case
for
> > Q's
> > > > > having topped out, at least temporarily, here: (1) the NDX/SPX
ratio
> > > hits
> > > > > resistance, and (2) the A/D has been tracking sideways while the
NDX
> > > climbs.
> > > > > Unfortunately, both the long and short trades look 50/50.
> > > > >
> > >
> > >
> > >
> > > To unsubscribe from this group, send an email to:
> > > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> > >
> > >
> > >
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> > >
> > >
> >
> >
> >
> > To unsubscribe from this group, send an email to:
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> >
> >
> >
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http://docs.yahoo.com/info/terms/
> >
> >
>
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>
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>
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