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Re: Zeev Hed post# 283532

Thursday, 08/12/2004 3:04:23 PM

Thursday, August 12, 2004 3:04:23 PM

Post# of 704048
I dunno, but this should get us going next week.....


"Now maybe we will finally see some sort of shift in these numbers next week, which would coincide nicely with the market reaching an oversold condition on both the oscillator (the 10-day moving average) and on the 30-day moving average. (The 10-day gets oversold early next week, while the 30-day will do so tomorrow or early next week.)

Of course, the 10-day moving average of the put/call ratio also says Wednesday would be too soon for capitulation. That indicator, along with some of my others, also says wait until next week."

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