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Strategies & Market Trends : News Links and Chart Links

SPXL 224.20

+0.7%

Nov 11 4:00 PM EST

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To: Les H who wrote (12954)	1/3/2006 2:25:17 PM
From: J-L-S	Read Replies (1) of 29595

I've been doing essentially the same thing for a long time. I get essentially the same results using only the 20 SMH stocks and different lengths of averages. Using a smaller number of stocks allows faster download of data and quicker calculation. I have also played with using averages of averages, using daily median (or high/low or open/close, etc.; but for now I use only closing prices. I also do a summation index on SMH and find that useful. Finally, I use similar calculations for QQQQ and SMH for confirmation of overall and tech trends (they don't always match).

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