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Pastimes : Ask da_cheif
MVIS 1.065-8.2%2:43 PM EST

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To: Chip McVickar who wrote (568)3/15/2001 6:15:12 PM
From: da_cheif™  Read Replies (5) of 8150
 
lets try this....calculating from top to bottom
-400
+ 400
+500
+600 (total for 3 days of advancing volume 1500)
-300
-500 (total for 2 days of decling volume 800)
+400
+500 UP ( upside breakout)...as (total for 2 days of up volume excceeded the running total of the previous 2 days of declining volume)
+600 UP ( continue the upside designation as the advance continues)
NC UP (continue the upside designation even tho unchanged as long as the privious day was an upper}
+400 UP...(coninue the designations}
- 600 (no designation)
+700 UP ( upside designation as the 700 up vol exceed the previous daysdown vol}
-800 DOWN ( downside designation as the 800 exceeded the previous days up vol}
-300 DOWN
+500
+600
nc
+300 UP (upside designation as the cumulative totall of the last 4 days exceeded the priot 2 days of total neg vol}

I hope that excercise clears ur questions up....any way you do that on every dow stock every day on both the vol per pennies and the main volume.....at the end of the list of 30 dow components subtract the UP designations from the DOWN designations If there are 10 UPS and 4 Downs the net figure for the day is A POSITIVE 6 OR +6....THAT is the single digit ur looking for every day on both the regular and volume per penny lists....IF there are more down then up designations than the daily number will be a MINUS digit....its that single digit or double digit whatever the case that we work with....the concept, once you see it is outrageously beautiful once you do the next excercise with these daily numbers.....now itll take you a few days of running these numbers to get the final product of your daily work.....I know people who have built a program around this....once you get the hang of getting the daily CLX number which is the net difference of the UP and DOWN side breakouts of volume of each dow component...then we go on to the next step....but first I want you to train ur mind to getting the daily CLX right first before we go further....I will confirm your CLX numbers once you think you got the hang of it....ok...
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