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Boy, doesn't that CumAd look like a flag pole and pennant in the last
couple of days?
BR
At 12:27 AM 8/27/97 -0400, Donald Thompson wrote:
>Rt'ers..
>And Waver's Since we are at that funky jucture..
>
>Here is another snapshot of the Cumulative Volume and the Cumulative
>Advance minus Decline lines. The OEX is on the top tier.
>
>About all I can observe it that CumAD ( Cumulative Advances minus
>Declines ) could potentially break out. That is what it has done in the
>past..... It appears to me that it is showing strength while price is
>equivocating a bit.
>
>The Cumulative Volume ( Advancing Voume minus Declining Volume is a bit
>dicy.... But the last couple of days the down volume and up volume are
>pretty balance.
>
>Also note I had trouble with my feed on Monday. So Monday is of course
>suspect. The OEX price low hasn't been corrected yet
>
>enjoy...
>
>Don
>
>Attachment Converted: "c:\eudora\attach\CUMULTIV.gif"
>
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