A great summary of current conditions and another channel that confirms why I am not seeing the "raging bull" signal in current conditions ....
ok guys, I think this nullifies my whole thesis. I just stumbled on a way to coax more than a year out of StockCharts AD data. This is why I was asking for more data. I had an intuitive feel that something wasn't right there. What a difference perspective makes, eh? How does the one year AD line look now? I don't get it though, how the heck can the Nasdaq AD line have such a negative bias? And for so long? I mean its been in decline since 1994?!? Any ideas? So does this mean that the Nasdaq AD line is useless along with the NYSE AD line (albeit for different reasons)? or is the stockcharts data wrong? Sheesh...
oops, the link crapped out...here it is: http://stockcharts.com/h-sc/ui?symb...art=1990-01-01&end=2005-08-15&id=p59504259788 weird...is all I can say. I can't make head or tails out of it.