AI
Friday, October 21, 2005 3:19:31 PM
sorry frank, no method to my madness.
Buying this in isolation as a climatic sell off bottom does not look the same to me when I include the massive volume sell off in the spring. Big elephants rotating out of energy into what? You know I am clueless and just thinking out loud. There is some work on the NYSE summation index I've seen that says that -750 is a buy zone. We are there(not updated until end of day on Stockcharts)current reading is -786. Also, Mclellan has said, I've been told of the NYSE summation index, that you get two ledges per move. We have had two "ledges" on this down move. So the next turn, wherever it comes will mark the start of a move up. What is still needed is still needed for a buy signal is a divergence between the $NYSE and the NYSE McClellan Osc. The summation index with be turing at that point. Just some of my own bullshit/(o:>*
&r=9150>
Buying this in isolation as a climatic sell off bottom does not look the same to me when I include the massive volume sell off in the spring. Big elephants rotating out of energy into what? You know I am clueless and just thinking out loud. There is some work on the NYSE summation index I've seen that says that -750 is a buy zone. We are there(not updated until end of day on Stockcharts)current reading is -786. Also, Mclellan has said, I've been told of the NYSE summation index, that you get two ledges per move. We have had two "ledges" on this down move. So the next turn, wherever it comes will mark the start of a move up. What is still needed is still needed for a buy signal is a divergence between the $NYSE and the NYSE McClellan Osc. The summation index with be turing at that point. Just some of my own bullshit/(o:>*
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