14 replies to this topic

[dcengr]

dcengr,


NSE in India is more broadbased, just like the NYSE in U.S. So it's only fair to compare the NSE A/D line to NYSE A/D line. Nasdaq is a sector.

Hmm I can show you one just as gross as that one on NYSE going into 2000 top... but I'm sure you're aware of that.

I know what you mean when you point it out as a real sign of weakness, but the exact point where it collapses on itself.. I mean its probably a good precursor and all, but trying to pick a top based on just cumulative a-d is suicide sometimes.

[NAV]

dcengr,


NSE in India is more broadbased, just like the NYSE in U.S. So it's only fair to compare the NSE A/D line to NYSE A/D line. Nasdaq is a sector.

Hmm I can show you one just as gross as that one on NYSE going into 2000 top... but I'm sure you're aware of that.

I know what you mean when you point it out as a real sign of weakness, but the exact point where it collapses on itself.. I mean its probably a good precursor and all, but trying to pick a top based on just cumulative a-d is suicide sometimes.

I completely agree. I am certainly not trying to pick a top here and i am not that brave. This can go on for months. I am just showing the warning signs.

[eminimee]

http://stockcharts.com/c-sc/sc?s=$NYAD&p=D&yr=0&mn=9&dy=3&i=p88250582328&a=113409410&r=4325.png

[OEXCHAOS]

Nav, I took one look at that A/D line chart vs. the NSE and I said "1987". Anybody have the time to whip up that chart for comparison? Mark

[dasein]

"sector rotation" - into emerging markets

http://www.reuters.c...20071018?rpc=44

klh