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Strategies & Market Trends : Complacency Indexes
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To: TechTrader42 who started this subject3/12/2002 1:25:31 PM
From: TechTrader42   of 1487
 
Another indicator that hinted at a rally was the NYSE McClellan based on volume. ESignal's beta is a good program, and it has an NYSE McClellan formula in the Library folder, based on $VOLD. Look at the 5-minute chart. It bottomed out and started to turn up earlier this morning.
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