Doug,
Here's some TD stuff on BUS:
1) TDROC1
2) TDPOQ on TDROC1
3) Current Sequential
4) Current Setup
5) Last two TDST values
1) TDROC1
Note, my program outputs info in RAW form right now...so here's how
to interpret it:
First line tells you how many days the signal lasted and if it
was overbought or oversold.
Second line is the start date (open,high,low,close,volume)
Third Line is the end date (open,high,low,close,volume)
Brief explanation of TDROC1 & TDPOQ:
A day is overbought/oversold when the day's close is > 102.5% or
< 97.5% of the close 12 days prior, respectively. A signal occurs
when you have a sequence of 1-15 days of oversold or overbought
territory and then the signal crosses back into neutral territory,
and a short term buy or sell signal might be evident.
However, if the signal is GREATER than 15 days long, you are in
SEVERE overbought/oversold territory, and deMark says it is prudent
to refrain from trading until the signal returns to neutral, and
then registers another overbought/oversold reading, this time 15
or less days in length.
[there is one exception to this, using the TD alternate
oscillator interpretation, but the exact interpretation escapes
me at the moment. It does allow you to trade after a severe
reading though....]
Finally, TDPOQ is a sort of confirmation of the BUY or SELL
signal that the TDROC1 signal throws.
Ok, onto the numbers! Here are the most recent Signals for BUS:
(the quick summary is that BUS is in SEVERE OVERSOLD Territory....)
TDROC1 SIGNALS
---------------------
TDROC Signal Start/End: (2 days) [OVERSOLD]
980122.0- | O:3.81| H:3.94| L:3.81| C:3.88| V:158700.0
980123.0- | O:3.88| H:3.88| L:3.81| C:3.81| V:103400.0
TDROC Signal Start/End: (1 days) [OVERBOUGHT]
980129.0- | O:3.88| H:3.94| L:3.81| C:3.94| V:343500.0
980129.0- | O:3.88| H:3.94| L:3.81| C:3.94| V:343500.0
TDROC Signal Start/End: (3 days) [OVERBOUGHT]
980202.0- | O:4.0| H:4.25| L:3.94| C:4.25| V:680300.0
980204.0- | O:4.19| H:4.25| L:4.0| C:4.06| V:365100.0
TDROC Signal Start/End: (28 days) EXTREME [OVERBOUGHT]
980206.0- | O:4.06| H:4.19| L:4.0| C:4.19| V:341400.0
980318.0- | O:5.13| H:5.25| L:5.06| C:5.13| V:274900.0
TDROC Signal Start/End: (16 days) EXTREME [OVERSOLD]
980320.0- | O:5.0| H:5.06| L:4.81| C:4.94| V:316600.0
980413.0- | O:4.63| H:4.63| L:4.5| C:4.63| V:185400.0
LAST 15 DAYS RAW DATA: (oldest to newest)
|95.0|88.28996|86.213234|88.28996|94.09524|92.59259|92.59259|91.2|
91.09312|96.2578|96.2578|97.47369|100.0|100.0|100.0|98.73685|
--------------------------------------------------------
2) TDPOQ
TDPOQ SIGNALS
---------------------
TDPOQ Signal:[BUY]
970312.0- | O:4.63| H:4.88| L:4.56| C:4.75| V:175600.0
TDPOQ Signal:[BUY]
970312.0- | O:4.63| H:4.88| L:4.56| C:4.75| V:175600.0
TDPOQ Signal:[SELL]
970318.0- | O:4.44| H:4.63| L:4.38| C:4.56| V:81100.0
TDPOQ Signal:[SELL]
970327.0- | O:4.5| H:4.63| L:4.44| C:4.5| V:81900.0
TDPOQ Signal:[SELL]
970527.0- | O:4.25| H:4.31| L:4.06| C:4.19| V:156800.0
TDPOQ Signal:[SELL]
970715.0- | O:4.63| H:4.69| L:4.5| C:4.56| V:143300.0
TDPOQ Signal:[BUY]
970804.0- | O:3.94| H:4.06| L:3.88| C:4.0| V:269500.0
TDPOQ Signal:[SELL]
980108.0- | O:3.88| H:3.94| L:3.75| C:3.88| V:104100.0
TDPOQ Signal:[SELL]
980204.0- | O:4.19| H:4.25| L:4.0| C:4.06| V:365100.0
TDPOQ Signal:[SELL]
980204.0- | O:4.19| H:4.25| L:4.0| C:4.06| V:365100.0
3) Current sequential
Name: GREYHOUND LINES INC (bus) -- BUY SEQUENTIAL:
-------------------------------------------------
SETUP DAY #1: 980317.0- | O:5.19| H:5.31| L:5.06| C:5.13| V:325600.0
SETUP DAY #2: 980318.0- | O:5.13| H:5.25| L:5.06| C:5.13| V:274900.0
SETUP DAY #3: 980319.0- | O:5.19| H:5.25| L:5.0| C:5.0| V:204700.0
SETUP DAY #4: 980320.0- | O:5.0| H:5.06| L:4.81| C:4.94| V:316600.0
SETUP DAY #5: 980323.0- | O:4.81| H:4.88| L:4.63| C:4.81| V:466200.0
SETUP DAY #6: 980324.0- | O:4.88| H:4.94| L:4.75| C:4.81| V:179400.0
SETUP DAY #7: 980325.0- | O:4.94| H:4.94| L:4.75| C:4.75| V:202700.0
SETUP DAY #8: 980326.0- | O:4.75| H:4.88| L:4.75| C:4.75| V:95500.0
SETUP DAY #9: 980327.0- | O:4.81| H:4.88| L:4.75| C:4.75| V:295900.0
INTERSECTION: 980326.0- | O:4.75| H:4.88| L:4.75| C:4.75| V:95500.0
Countdown day #1: 980327.0- | O:4.81| H:4.88| L:4.75| C:4.75| V:295900.0
Countdown day #2: 980330.0- | O:4.69| H:4.75| L:4.63| C:4.69| V:65200.0
Countdown day #3: 980331.0- | O:4.75| H:4.88| L:4.69| C:4.75| V:152100.0
Countdown day #4: 980403.0- | O:4.75| H:4.81| L:4.63| C:4.75| V:211500.0
Countdown day #5: 980406.0- | O:4.75| H:4.75| L:4.56| C:4.56| V:289400.0
Countdown day #6: 980407.0- | O:4.63| H:4.63| L:4.38| C:4.5| V:257300.0
True Low Day: 980407.0- | O:4.63| H:4.63| L:4.38| C:4.5| V:257300.0
Status: Open
5) Current setup
Current Setup in Progress:
SELL SETUP
SETUP DAY #1: 980413.0- | O:4.63| H:4.63| L:4.5| C:4.63| V:185400.0
SETUP DAY #2: 980414.0- | O:4.56| H:4.81| L:4.56| C:4.75| V:188600.0
SETUP DAY #3: 980415.0- | O:4.75| H:4.81| L:4.63| C:4.75| V:219500.0
SETUP DAY #4: 980416.0- | O:4.69| H:4.75| L:4.63| C:4.69| V:206100.0
SETUP DAY #5: 980417.0- | O:4.69| H:4.75| L:4.63| C:4.69| V:99800.0
6) TDST values (possible areas of resistance/support on a closing
basis)
Buy Setup TDST Value:5.31
Sell Setup TDST Value:4.56
In Particular, note how well TDST provided support at 4.56!
(even the day it closed at 4.5 it opened the next day at 4.56)
Hope this helps Doug.
-dave |
