|
PureBytes Links
Trading Reference Links
|
Yes. I agree with you wholeheartedly. All the relationships
you hit upon do affect each other in a frequent manner.
Personally, I would not abandon this direction.
David Colin wrote:
> I would agree with you on price based indicator divergences.
> However the one type of divergence that seems to have some
> predictive value is intermarket divergences. For instance a
> divergence between to SP and the Nasdaq or between the Dow and the
> Transports or whatever. Another example would be divergences
> between the nearby and the deferred futures contract or between say
> soybeans and bean oil. I tried once to daytrade the SP based on
> this theory but I found it was much more difficult to implement
> real time than in hindsight (see disclaimer).
>
> David
|