SI
SI
discoversearch

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.
Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: 10K a day who wrote (1205)1/4/2000 7:00:00 PM
From: fut_trade  Respond to of 42523
 
...McClellan Index

It depends on the group of stocks used with the Indicator. These types of indicators break down when a small number of stocks dominate the indices. If all the small-cap stocks make new lows and all the large-cap stocks make news highs, then the indicator says sell (because there are more small companies than large companies), but the indices (market cap weighted indices) go up.

A lot of analysis is based on the DOW and the NYSE, but now the Nasdaq technology companies are beginning to dominate the economy, so the old school of thought needs to be questioned.



To: 10K a day who wrote (1205)1/4/2000 7:04:00 PM
From: fut_trade  Respond to of 42523
 
A classic example is the Advance/Decline line of the NYSE. Analysts having been making a big concern over the fact that it peaked in April of '98. But the Nasdaq has tripled since then. If you look at the Nasdaq A/D line, you'll see that it peaked in '83. How much is the Nasdaq up since '83?



To: 10K a day who wrote (1205)1/4/2000 9:00:00 PM
From: re3  Respond to of 42523
 
happy peppy talk from the last millenium...

fool.com


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News