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#1 CLK

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Posted 24 June 2021 - 04:11 PM

The NY and SPX A/D lines both failed to warn of the 35% crash in Feb./March of 2020. I trusted the indicator and it failed to warn of the worst drop
in many years. I really don't care about
it anymore, because it was always said that it would never fail.
Internals just are not what they used to be 10 years ago. NYSI is hit and miss as well.

Edited by CLK, 24 June 2021 - 04:14 PM.


#2 fib_1618

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Posted 24 June 2021 - 05:20 PM

Your continued lack of understanding of this simple technical tool (as it doesn't predict crashes), along with your being disingenuous when providing a one time historical event that NO ONE saw coming (the actual shutting down of (global) economies for MONTHS), shows the reader that you might want to let others handle your money, or at the very least, invest a little with a credible mentor to help you out.

 

One can not trust what you don't fully comprehend...message boards posts, no less the lack of personal dedication, can not provide the little nuances needed to have that kind of faith. It's also good to understand that when dealing with (manipulative) human mass psychology, there is no consistency...each day is as different from the last.

 

Fib

 

P.S. By the way, both the NYSE and SPX A/D lines did warn of an impending decline in February of 2020, but in no way told us of the coming amplitude of such an event...you just didn't know where to look to give you that kind of insight in spite of my trying to direct you in the past.


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#3 CLK

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Posted 24 June 2021 - 06:04 PM

Your continued lack of understanding of this simple technical tool (as it doesn't predict crashes), along with your being disingenuous when providing a one time historical event that NO ONE saw coming (the actual shutting down of (global) economies for MONTHS), shows the reader that you might want to let others handle your money, or at the very least, invest a little with a credible mentor to help you out.
 
One can not trust what you don't fully comprehend...message boards posts, no less the lack of personal dedication, can not provide the little nuances needed to have that kind of faith. It's also good to understand that when dealing with (manipulative) human mass psychology, there is no consistency...each day is as different from the last.
 
Fib
 
P.S. By the way, both the NYSE and SPX A/D lines did warn of an impending decline in February of 2020, but in no way told us of the coming amplitude of such an event...you just didn't know where to look to give you that kind of insight in spite of my trying to direct you in the past.


There was no divergence there in 2020,
if you are using some derivative of the A/D line or moving averages, I don't know.

Edited by CLK, 24 June 2021 - 06:05 PM.


#4 fib_1618

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Posted 24 June 2021 - 07:17 PM

 

Your continued lack of understanding of this simple technical tool (as it doesn't predict crashes), along with your being disingenuous when providing a one time historical event that NO ONE saw coming (the actual shutting down of (global) economies for MONTHS), shows the reader that you might want to let others handle your money, or at the very least, invest a little with a credible mentor to help you out.
 
One can not trust what you don't fully comprehend...message boards posts, no less the lack of personal dedication, can not provide the little nuances needed to have that kind of faith. It's also good to understand that when dealing with (manipulative) human mass psychology, there is no consistency...each day is as different from the last.
 
Fib
 
P.S. By the way, both the NYSE and SPX A/D lines did warn of an impending decline in February of 2020, but in no way told us of the coming amplitude of such an event...you just didn't know where to look to give you that kind of insight in spite of my trying to direct you in the past.


There was no divergence there in 2020,
if you are using some derivative of the A/D line or moving averages, I don't know.

 

 

Actually, you do know...think don't react...your homework assignment is to find what you believe didn't exist. yes.gif

 

Post your finding here and we'll go from there.

 

Fib


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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#5 qqqqtrdr

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Posted 24 June 2021 - 08:17 PM

Crashes usually happen after 63 days of drifting to the downside with high optimism...   I look a put/call ratios, cash in mutual funds, PE, stimulus and other factors in determining the likelihood..  So we are have divergences in AD, high PE, but not a lot of other conditions for a crash...I do think a a good 17% or so pullback is warranted soon, but we shall see how everything plays out...



#6 CLK

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Posted 25 June 2021 - 08:05 AM

I can see a possible 1 day divergence there but they usually don't mean much,
I was looking for, expecting a weekly divergence for that amount of drop.
NYA50R was a better indicator in that instance, clear divergence over a few weeks.

#7 fib_1618

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Posted 25 June 2021 - 09:11 AM

I can see a possible 1 day divergence there but they usually don't mean much,
I was looking for, expecting a weekly divergence for that amount of drop.
NYA50R was a better indicator in that instance, clear divergence over a few weeks.


Check the positions of the MCSUM’s at that time where you saw a clear lessening of buying pressure.

 

Fib


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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