GS weak again

c'mon, let us know what your bad news is GS:

gs

Edited by tommyt, 03 November 2008 - 01:58 PM.

when looking at chart data alone, I do not yet see how a bull can have much conviction...XBD at the bottom of this 5-year weekly chart continues to look sick

http://stockcharts.c...id=p06508186752

when looking at chart data alone, I do not yet see how a bull can have much conviction...XBD at the bottom of this 5-year weekly chart continues to look sick Thanks hiker, when looking at chart data alone, you probably can't...its looking at the evidence that has me wanting to buy dips (although I am short ES against some longs now) MCO is a bit cooked ST, but the summation has done something positive. Not sure how that relates to individual things like the XBD though.

tom,

I realize you follow McO and McSum data to provide clues

it is interesting and curious to me that working with the raw breadth data reveals something that is easily noticed...ck out where the 50day MA of daily breadth resided at Friday's close relative to the recent prior multi-year low for this same metric....the charts are at the end here -

http://forums.techni...post?id=3076360

going forward, we shall all discover the utility of this new metric I am trying out..at least, new to me

Edited by hiker, 03 November 2008 - 02:18 PM.