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OldAIMGuy

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Re: DonCarlson post# 958

Sunday, 08/06/2006 8:42:08 AM

Sunday, August 06, 2006 8:42:08 AM

Post# of 1177
Hi Don, Looks like we're near the cusp of a melt-down if I understand the example. I guess that's why CASH is one of the nice four letter words!!

I guess we could consider this gauge an "overbought/oversold" kind of thing or possibly similar to the Fosback Hi/Lo Logic index. At the extremes it's bullish but in the middle it shows divergent thinking which is bearish.

Best regards, Tom




Port Washington, WI 53074

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