these two indicators have been going in the opposite direction for the last few weeks... when 10DMA of OEX PC exceeds 1.8 while Equity PC this low, we usually get an important IT top
10DMA of OEX PC vs 10DMA of Equity PC
Started by
A-ha
, Oct 15 2007 11:10 AM
1 reply to this topic
#2
MacRo
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- Traders-Talk User
- 421 posts
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Posted 15 October 2007 - 01:49 PM
equity P:C for today is circa .5 as of 2pm today. looks like dump money is mortgaging the farm to buy this dip...
Edited by MacRo, 15 October 2007 - 01:50 PM.
