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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Moominoid who wrote (4130)	6/25/2001 9:24:07 AM
From: John Pitera	Read Replies (1) of 33421

David, I can not think of a free site that has the historic A/D numbers at the moment. Decisionpoint.com has a really nice data base of historical A/D info in chart form, it used to be free, and is now 10$ a month here is a recent freebie talking about the A/D and the SPX decisionpoint.com Many people including myself, are pretty much in agreement with Swellin's conclusion in the above article, which is To answer the question posed in the title of this article, I would conclude that the A-D Line gives us a general idea of how broadly or narrowly money going into the market is being focused, but it has temporarily become quite unreliable as a tool for forecasting market direction. Oddly, A-D Line derivatives, such as the McClellan Oscillator and IT Breadth Momentum Oscillator, still seem to work well. McClellan and his son have a newsletter service that pays quite a bit of attention to A/D info as well as his Oscillator etc. John

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