cheif,
Following Friday's action, I noticed the CLXp numbers for both the Dow and NDX posted significantly higher postings than the CLX. I have Dow CLX at +7 and Dow CLXp at +17 (not "official" numbers). The NDX CLX came in at +2 with the NDX CLXp at a whopping +42. Needless to say, the Friday disparities between CLX and CPXp have driven the AYDIS (CLX minus CLXp for those in Rio Linda) to oversold levels in the raw AYDIS 3 day MAs, MACD, MCOs, etc.
You have mentioned many times CLXp is far more sensitive than CLX, is this current and rather extreme disparity between CLX and CLXp a factor in your suggestion of the meltup possibility?
Thanks,
Randy N.
YUP....7/16.......AINT IT GREAT??????
We got to get the right vintage of aircraft here ....
Recognize the Lake? It starts with the letter M ...
Southern Michigan border
And for kicks, ..., over the UP (we know where that is) just east of Du..Lut. G model no less.
KC
LOOKS like Lake st. clair outta selfridge........
http://www.simviatio.....135A EGUN.jpg
Edited by da_cheif, 12 May 2007 - 09:34 AM.