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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Moominoid who wrote (4130)6/25/2001 9:24:07 AM
From: John Pitera  Read Replies (1) | Respond to of 33421
 
David, I can not think of a free site that has the historic A/D numbers at the moment.

Decisionpoint.com has a really nice data base of historical A/D info in chart form, it used to be free, and is
now 10$ a month

here is a recent freebie talking about the A/D and the SPX

decisionpoint.com

Many people including myself, are pretty much in agreement with Swellin's conclusion in the above article, which
is

To answer the question posed in the title of this article, I would conclude that the A-D Line gives us a general idea of how broadly or narrowly money going into the market is being focused, but it has temporarily become quite unreliable as a tool for forecasting market direction. Oddly, A-D Line derivatives, such as the McClellan Oscillator and IT Breadth Momentum Oscillator, still seem to work well.

McClellan and his son have a newsletter service that pays quite a bit of attention to A/D info as well as his
Oscillator etc.

John