Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 283.97

+5.6%

2:14 PM EST

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To: ILCUL8R who wrote (26153)	11/11/1998 6:01:00 PM
From: Gottfried	of 70976

Dick, "%10week" means % of stocks above 10 week moving average. And "hilo"... NYSE High-Low Index: This index measures the number of new highs made on the NYSE divided by the number of new highs plus new lows. This number is then recorded on a ten day moving average. The ten day moving average is then plotted on a grid from 0% to 100%. We look at the Percent of Stocks Above their 10 Week Moving Average and the NYSE High-Low Index in conjunction with one another. Buy signals are given when the index goes below 30% and reverses up, as well as when a column of Xs exceeds a previous column of Xs. Sell signals are given when the index goes above 70% and reverses down, as well as when a column of Os exceeds a previous column of Os. G.

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