When you strip out the interest sensitive issues the
A/D line is
lagging. The summation index until recently was also
showing a
divergence. With everybody on one side of the rate
game might be
interesting to see where yields end up in the next
couple of
weeks.
Regards,
Duke Jones, CMT
EAdamy
wrote:
>
> A/D issues and A/D volume showing divergences
on
NYSE. A/D volume
> showing divergence on NASDAQ. One should take
the
A/D volume
> divergences with a bit of caution however due
to
light volume. New
> Hi/Lo oscillator is confirming on both
exchanges,
however this is a
> lagging rather than leading
indicator.
>
> Earl
>
>
> -----Original
Message-----
> *From:* realtraders@yahoogroups.com
>
[mailto:realtraders@yahoogroups.com]*On
Behalf
Of
> *profitok@xxxxxxxxx.net
>
*Sent:* Monday, September 04, 2006 9:15 AM
> *To:* realtraders@yahoogroups.com
>
*Subject:* Re: [RT] next week (corrected GIF)
>
> *I am on
vacation but had little time to watch
the internals,
> new hi new
lows are NOT where they should be*
>
> *anyone knows if Mclullen
on issues or volume
is showing bearish
> divergence?*
>
>
*Ben*
>
>
**
>
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