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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Gersh Avery who wrote (40942)	6/24/1999 7:28:00 AM
From: bearshark	Read Replies (1) \| Respond to of 94695

Gersh: We still have a problem. Although the Yahoo chart shows "NDX" on it, it is actually for the NYSE. Please don't ask; just scratch your head like me. I cannot explain that. Instead, I went through the closing figures from Yahoo and calculated the ARMs using their figures. I did this after I had checked DBC to make sure that the Nasdaq Composite (TRINQ on their system) was .64. I used the Arms formula from memory and not my spreadsheet. So I am assuming it is correct. At least, it matches up to the Yahoo numbers for the NYSE and DBC number for Nasdaq composite. Here is the Arms formula. Key: advancing issues = (AI) declining issues = (DI) advancing volume = (AV) declining volume = (DV) Calculation: (AI/DI)/(AV/DV) From the Yahoo data on the NYSE we have (1214/1746)/(304,346,080/392,054,080) =.69530/.77628 =.89568 =.90 From the Yahoo data on the Nasdaq (Composite) (1796/2030)/(536,380,320/389,919,008) =.88472/1.37561 =.64314 =.64 For the last week, I noticed the Yahoo feed for volume was slow. It appeared to be lagging up to a minute or two. So there may be a problem with the Yahoo intraday feed. Or it may be the Quote.com feed. However, I think what we saw yesterday is to significant a difference between the two reporting sources. I will do the same calculation with the WSJ-Interactive data later. I have a few messages waiting, so someone may have already figured this out.