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


To: William H Huebl who wrote (55955)10/28/2001 4:21:51 PM
From: Mark Adams  Read Replies (3) | Respond to of 94695
 
Since it's a four week moving average, we should see a move up as the post 9/11 impact drops out.

The market contributes to the indicator. Closed until 9/17, the averages didn't really stabilize until the following Monday. So, either the worst dropped off and we still had a bad number, or the worst will drop off next friday. I'm not sure how to read it.

Promptness - the WLI is extremely prompt. Each Friday the WLI is updated through the previous Friday, i.e., there is only a one-week publication lag.