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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: OldAIMGuy who started this subject10/19/2000 12:08:43 PM
From: OldAIMGuy   of 18928
 
RE: the IW Divergence Component

In looking back through all the data for this component going all the way back to 1982, it's apparent that this last week's readings of 77 New Highs and 1031 New Lows is a rarity.
aim-users.com

It's rare in recent times that we have just double digits in one column and is much more rare that we have four digits in another! Oct 1987 stands out as an extreme. Also look from Aug. through Oct. of 1990 when the Gulf War problems started. There are other periods when the New Lows hit four digits, but not often.

We've had four digits in Bull markets more often. Over 1000 new highs seems easier for the market to do in this time frame.

I hope some of you are able to use these databases for some good. I'll be happy to provide the formulae that go with each one should anyone desire them.

Best regards, Tom
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