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Strategies & Market Trends : TA Science Projects & Experimental Indicators

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To: ftth who wrote (154)6/2/1998 12:13:00 AM
From: HeyRainier   of 237
 
Holy cow Dave, that link on float analysis is just what the doctor ordered! I just printed it out, and will analyze it tonight. It's exciting to see that the concept of float has validity in other respects, though at first glance it appears that the authors did not make an attempt to apply it for a shorter term identification of overbought/oversold states.

I will look over again at the Trend Delineated Volume piece on post #27, and see if it makes more sense this time around since I appear to be moving to the same page as you.

By the way, the person who didn't believe in overbought/oversold indicators is none other than William O'Neil himself. I just found it again in Market Wizards. I think there was someone else who mentioned this, and I will try to find out.

Regards,

Rainier
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