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Re: [RT] mother of all divergences



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Looks bullish to me!
 
Earl
----- Original Message -----
From: Ben
Sent: Sunday, November 07, 2004 8:52 AM
Subject: [RT] mother of all divergences

To answer that you need to see if there is also  a bearish divergence on the McLullen osc
 
for adv issues  and   the Mclullen osc for vol
 
can aneone post that?
best regards
Ben
Sent: Sunday, November 07, 2004 5:58 AM
Subject: [Trading_Systems] Mother of all divergences
 


 
FWIW, SPX has surpassed the Feb04 high,
 whereas the DOW and the NAS (composite)
 have not. SPX has not been this high since
 2002.
 
To break their Jan04 highs, ..
 - DOW needs to go about 300 points
 - NAS needs to go about 150 points
 
This is a rather strong divergence,
 portending a downward move.
>
> Any thoughts?

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