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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: mark bluhm who wrote (1658)6/19/1997 1:00:00 AM
From: Bill Sandusky   of 3325
 
Mark,

Look under the TechniFilter Plus subject just below this one. Think there's good bit of info there. Trying to put together an article for the book on this subject but not making much progress. Looks like it's going to be Saturday before I can put any more serious effort into the project. Basically, it takes the normal accumulation/distribution formula and does a 5-day exponential ma of the result. What really makes it useful is that each stock falls between 4 and 1 and I report the position for each of last six days. Here's what the numbers represent:

4) Uptrend... Current Buy
3) Uptrend but weakening... Sell Alert
2) Downtrend but Reversing to Upside... Buy Alert
1) Downtrend... Current Sell

Look for buys in numbers 4 and 2.
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