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To: robjohnson who wrote (15073)4/19/2000 8:37:00 AM
From: Percival 917  Read Replies (1) | Respond to of 35685
 
Morning Rob,

Looks like the reunion is starting to rev up in full force. Thanks again for the lead on Gold Creek. Sounds like it will be an excellent weekend.

Later,

Joel



To: robjohnson who wrote (15073)4/19/2000 10:22:00 AM
From: Jim Willie CB  Read Replies (3) | Respond to of 35685
 
correction on ARMS index calculation (thanks, Disu)
it is a ratio of ratios, involving number of stocks and number of shares

I see housing stutter as temporary... nothing will stop this economy as long as employment is good and mortgage rates are not 9-10%
/ Jim

Calculation:
Advancing Issues/Declining Issues
--------------------------------------
Advancing Volume/Declining Volume

"However, the Index seems to work most effectively as an overbought/oversold indicator. When the indicator drops to extremely overbought levels, it is foretelling a selling opportunity. When it rises to extremely oversold levels, a buying opportunity is approaching."