Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Ask da_cheif -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (523)	3/7/2001 10:41:50 PM
From: da_cheif™	Read Replies (2) \| Respond to of 8150

clx stands for Climax....JG invented it...get his book written in the 70s outa the library.....read this to get started...ill teach ya ..but itll take time... you confirm the daily number is correct with me every day and then Ill tell ya wat to do next....accuracy is the key to keeping a daily diary of the volume figures on each dow stock...so wat I want you to do is get 2 college ruled 11 inch note books and list all 30 dow stocks in the following order top to bottom hon aa jpm axp t jnj intc dd ek xom ge gm sbc ko ibm cat ip mcd mrk mmm ba mo pg hd hwp msft dis utx wmt c.....then get the late volume figures on each stock...usually after 9 pm est...make sure if there is an x dividend price you use the rite net change in price for that particular stock...anyway..at the end of every day list the volume... for instance the first stock ...HON...for example like on thur the volume was 2,735,500 and the stock was up 23 cents....so start the column to look like this.....HON. +2,735,500 ..23....circle the 23 ....now if the stock was down 23cent then just put a - sign rather than a plus sign in front of the volume....now this is like learning how to do anything seemingly complicated...one step ata time...do each stock like that every day...then after about a week or so Im goin to tell you wat to do next...in fact if you print this out heres what I also want you to do....take another note book with the same list of 30 stocks but this time divide the volume by the net change for that particular stock and keep a record of those 30....like fir instance divide HON.s volume for today by 23 cents and enter that figure along with the other 29 ....so once you get in the habit of doing this then Ill tell you wat to do next...