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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket.

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To: James F. Hopkins who wrote (1131)8/24/1999 6:31:00 PM
From: OX  Read Replies (1) of 2103
 
Hi Jim,

>My DVI was up strong today, and after the close the dollar
>went up strong , so I expect one hell of a rally

All in all, that was a pretty good rally today.
But more to the point, your DVI looks pretty keen.
I've gone over several of your posts discussing it, but if you could be kind enough to clarify a few points please...

Do you take a running 3 months average volume (x price) for each days calculation.
Or do you only use the 3 mo ave volume just for the initial selection of the top 10 or 11 stocks (I'll just call it 11 for conversation)?

If just for the initial cut of the 11, is it valid to just take a 10-day average volume x price per stock every day, and then add them up to get the DVI total for that day (and then readjust the list of 11 every so often manually)?

Thanks... (I hope that made sense)

DVI sounds like a pretty cool indicator. Nice invention!
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