I am a big fan of the advance decline line, as it is a very power tool in measuring the breath of the market movements, up and down. In addition, Marty Zweig is one of the prominent options traders to-date. When Zweig's advance decline indicator is signaling a BUY, I stop everything and read very carefully.
While I pay homage to this signal, it doesn't convert me to a long-term BULL, nor do I foray into the short-term BULL camp.
But, I am a cautious BEAR because of this. [READ]
posted by jason @ 2:07 PM
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