Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (17096)	4/23/1998 5:35:00 AM
From: William H Huebl	Read Replies (2) of 94695

Jim, The Williams A/D is a price indicator developed by Larry Williams and accumulates on higher closes by the difference between the close and the lesser of the low or yesterday's low, whichever is less. The distribution occurs on lower closes based on highs under the same type formula. A VERY reliable indicator... I, for one, would not like to trade against it. BRKA Williams A/D went DOWN through it's 34 day weighted MA yesterday. Williams recommends you trade divergences (higher high stock but not higher high indicator). It is STILL a useful indicator when compared to it's MA. (Oct 27th was an example of the use of divergence... it was not near so negative at the close of that day as it was back in late August. BTW, I do NOT see the same thing in the DOW or, better yet, VGY... will take more weakness for THAT puppy to heel. Comic, WHAT comic? <gggg> Bill

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