We see the number of Nasdaq issues on a MACD Buy signal have
been falling:
>

% of NASDAQ Issues on MACD Buys
Nasdaq_macd_signal_62705

Source: Redwood Technimentals

The percentage of NASDAQ issues on MACD buy signal dropped below
50 % (orange circle) – Technimentals Kevin Lane notes that “given the other
deteriorating internals we would suggest that further corrective activity is
ahead of us.”

>

Random Items:

From Bubble to Bubble 

The CEO’s Secret Handbook 

Who should be responsible for Corporate Pensions?

Economists believe Economy will improve in 2nd half of 2005 

GDP: Measuring
Consumption or Production?
 

A shrink shrugs at market trauma

The Mess That Greenspan Made 

>

Quote of the Day: 

"In investing, the return you want should depend on whether you
want to eat well or sleep well."

~J. Kenfield Morley

Category: Markets

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

Comments are closed.