Thanks, again, WS.
Holy cow. I never heard about AskResearch until I saw it referenced in your message (I use Marketcenter as a backup to Stockcharts). I just visited the site moments ago and saw the Stochastics buy signal you referenced on the S&P 500. I find this rather disturbing. How does one know which site is accurate and which is not? It's hard enough trying to figure out the markets, let alone if there are problems with charting packages.
I understand what you mean about the divergences. On the example now under review, it would be more impressive if the second hump had fallen to, let's say, 60 or below. However, where it is now is modest at best.
Right now, I still am cooling my jets with the market. As of Friday's close, the BPSPX closed at 64.2-- down 4.4 points for the week, and the NASI closed at 48, though only down modestly for the week. Still, the latter is close to the zero line sell signal. From a seasonality perspective, Mike Burk mentioned in his weekly e-mail that next week is weak in the second year of the Presidential cycle, soooooooo.
I also appreciate your comments about ones relationship with the market. LOL. Yes, Mr. Market always gets us in the end. While I still have much to learn, I feel like I have made good strides the past couple of years. I am under no illusion that I will ever be perfect, because that would be silly. I'd just like to get more consistent, which is something I still lack right now. As I have written in the past, I'll probably have all of this down pat when I have one foot in the grave.
Anyway, take care and thanks again for your time and patience. Your notes have been especially helpful.
Rich
AI
Market Data 
Markets 
