Friday, A-D was largely positive, yet major indices were down.
Today, so far, it is again largely positive, yet major indices are struggling.
Since I watch A-D line intraday, I can say that this is not a common occurance. But I couldn't tell you when it diverges x amount, what consequence it has for indices y days later, since I don't have historical record of intraday A-D.
This is day 2 so far of divergence between A-D and index price
Started by
dcengr
, Jan 29 2007 10:31 AM
6 replies to this topic
#1
dcengr
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Posted 29 January 2007 - 10:31 AM
Qui custodiet ipsos custodes?
#2
greenie
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Posted 29 January 2007 - 10:37 AM
VXN flying high with a gap. NDX will rally.
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#3
dcengr
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Posted 29 January 2007 - 10:41 AM
VXN flying high with a gap. NDX will rally.
Noted. Good thing these short term predictions based on such theories can be resolved by end of day
Qui custodiet ipsos custodes?
#4
dcengr
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Posted 29 January 2007 - 10:56 AM
I'll make a FF for the day that if Dow breaks 12,490, we'll see 12,435 (the lows of previous days) today.
Its based on a pattern I'm seeing intraday. Will post the pattern if it resolves.
Qui custodiet ipsos custodes?
#5
traderpaul
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Posted 29 January 2007 - 11:34 AM
It is a flat market DC.....It is operation hold.....You can look at anything you want.....A/D, sentiment, oddlotter, COT, specialist, MA and everything in between.....
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#6
pdx5
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I want return OF my money more than return ON my money
Posted 29 January 2007 - 11:45 AM
The large caps had a good run, now it is small caps catching up
late in the 4th quarter, before the downfall begins.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#7
dcengr
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Posted 29 January 2007 - 12:07 PM
It is a flat market DC.....It is operation hold.....You can look at anything you want.....A/D, sentiment, oddlotter, COT, specialist, MA and everything in between.....
TP, sure seems like it for FOMC.
Qui custodiet ipsos custodes?
