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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Moominoid who wrote (4144)6/25/2001 11:35:34 AM
From: John Pitera  Read Replies (2) of 33421
 
David, One thing that's interesting is that McClellan's own Summation Index and Oscillator have different values
than what CNBC posts each day. I met him a few years ago at a talk and he commented how his own calculations
have different values than CNBC's. Although the trends are similar.

This is due to when one starts these data series, the fact that different reporting agencies post slightly different
Advancing stock and declining stock figures each day.

Some people have adjusted the oscillators and summation numbers to reflect the expansion of shares listed
on the exchanges over time.

John M. was kind enough to give this link which does have the A/D charts going back to the late 1980's

sharelynx.net

John
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