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Strategies & Market Trends : TA-Quotes Plus
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To: Bob Jagow who wrote (6296)9/3/1998 5:09:00 PM
From: tigerstock   of 11149
 
I can usually do it in WOW which the formula is:

mov(sec:1/sec:2),90,s)
where sec:#2 is the index your plotting against.Put up a 10% upper band of the average and you can see how a stock when it's strong in a
down market hugs the 90 Day moving average and if it breaks out will go thru the Upper band to show the stocks strength.Usually a break out without the strength is suspect or a short covering rally which can be temporary.
The S&C article was in the Bonus Issue1996 Volume13 Number13
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