IMO it would be exceedingly rare to see any important correction at this time based on current conditions. I've tracked this system real time since the late 1980's and have previous data into the 1970's. the NYSE a/d 21 day mv avg has shot back up to very bullish territory after a pullback to the neutral area at the yr end. it has shown remarkable strength since the summer lows. there have also been continuation signals generated by INDU price action since the summer buy signal.
INDU
Started by
airedale88
, Feb 07 2007 10:54 AM
2 replies to this topic
#1
Posted 07 February 2007 - 10:54 AM
airedale
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#2
Posted 07 February 2007 - 11:03 AM
Understood. Thank you.
#3
Posted 07 February 2007 - 11:05 AM
Way to spoil a good bear buzz.