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Strategies & Market Trends : Waiting for the big Kahuna
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To: Monty Lenard who wrote (19644)6/2/1998 9:02:00 PM
From: ratan lal  Read Replies (2) of 94695
 
Monty - No that was not the question.

you have provided data on the # of stocks below the 200 dma in the last 30, 20, 10, 5 days.

This provides you a 'moving average' of the # of stocks falling below the 200 dma over time. This moving average can be plotted.

Once plotted, it could be projected into the future to see how many stocks (only # and not which stocks) would fall below the 200 dma say 5 days from today.

If it is still not clear, just ignore it.

thanks
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