Thus the Dow has persistently failed to confirm the better action of the Transpo

verfasst von Luigi, 17.05.2003, 18:03

-->Danke Emerald. Der gute alte Rail-Way Index
Thus the Dow has persistently failed to confirm the better action of the Transports. These are serious non-confirmations.
Turning to the stock market, I've been asked about the recent rise of the D-J Transports above all peaks going back to it's August 22 closing high of 2463.96.

But against the better Transports action, the Dow has failed to better any of its preceding peaks, its August peak of 9053.64, its December peak of 8862.57, or its January peak of 8842.62.

Thus the Dow has persistently failed to confirm the better action of the Transports. These are serious non-confirmations.

The non-confirmations by the Dow make up what I call the bearish secondary market picture.

Thread gesperrt

 

gesamter Thread:

• Anstelle von fünf Börsen-'Heftli' einmal Richard Russel's Tageskommentar. - Emerald, 17.05.2003, 16:09
  • Thus the Dow has persistently failed to confirm the better action of the Transpo - Luigi, 17.05.2003, 18:03
  • Erzählt mir doch mal was über die"velocity figures"! Wie kann man sich das vors - Luigi, 19.05.2003, 12:25
    • Re: Erzählt mir doch mal was über die"velocity figures"! Wie kann man sich das vors - - Elli -, 19.05.2003, 12:34
      • Re: DANKE! (owT) - Luigi, 19.05.2003, 12:36