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Strategies & Market Trends : A.I.M Users Group Bulletin Board
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To: OldAIMGuy who wrote (5594)9/9/1998 7:36:00 AM
From: Julius Wong   of 18928
 
Tom:

I compute (top15%)/(top15% + bot15%), where top15% is the number of stocks at the top 15% of 52-week range, bot15% the bottom 15%.
It is a measure of market general health. This ratio is probably similar to your Best/Worst indicator.

I have 800 stocks in my database. On Aug 31, the ratio was 0.0022.

Julius
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