Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 683.41

+0.2%

Nov 3 4:00 PM EST

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To: Chip McVickar who wrote (53987)	8/26/2013 1:10:24 PM
From: Joseph Silent	Read Replies (1) of 218315

Thanks Chip. I understand the way it is computed, and that method is sometimes used to describe percentage improvements across layers (e.g. layered network protocols). It may very well be normal. I don't really know. When compared to the SPX (arithmetic) over a long time scale you see the following: SPX: two peaks at roughly same level, and now a higher peak at 1700+ XVF: two peaks at roughly same level (corresponding to the SPX peaks) and a lower third peak. It may be normal. I don't quite understand it. :)

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