Technology Stocks & Market Talk With Don Wolanchuk Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 55.41

-1.2%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

To: donc who wrote (199807)	8/8/2024 9:28:39 AM
From: Larbro	5 Recommendations Read Replies (3) of 207795

Hi donc......cant post it because I dont have a place to store the plot. I used to screenshot it then paste directly here, but admin got wise, lol. Its pretty simple. Take each days p/c ratio and multiply it by that days vix. Take the sum of those results for that day and the previous 4 (5 total) and percentage rank them from 0% to 100% in terms of size against all the other data you have. The higher the numbers (5 day sum of p/c x vix), the higher the ranking. Then subtract that % ranking from 100% to "invert" the ranking so that lower 2c-p correspond to lows in the market and vice versa. In my case they are ranked from today all the way back to Feb 10, 2003, the earliest I have data for. So in a nutshell if yesterdays 2c-p was 7.8% (which it is) that tells you that only 7.8% of the sum of the 5 day p/c x vix (aka the 2c-p) is lower than yesterdays value.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next