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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: randy kay who wrote (12749)	10/24/1997 11:27:00 PM
From: Dan Jones	Read Replies (1) \| Respond to of 50167

To all---Need a source of info. Sorry to break into this thread but the participants here seem knowledgeable. We use a system that, depending on circumstances, sometimes uses cummulative DAILY advances and declines to trigger a buy or sell signal but sometimes uses cummulative WEEKLY advances and declines to trigger a signal. The problem is with the weekly figures that might trigger a buy or sell. We don't know until Saturday (when we get WEEKLY advance/decline info from a newspaper) whether we have a signal. It would be nice to act on Friday if we could. What we need is a source that computes advances and declines on a weekly cummulative basis. For example, on Tuesday, how many stocks so far are up for the week and how many are down? On Thursday, how many stocks are up for the week; how many are down? With this information, we can more easily calculate what advance/decline figures on Friday would give us a weekly buy or sell. Does anyone know of a source to assist in this effort? Thanks much. Dan Jones

To: randy kay who wrote (12749)	10/25/1997 10:59:00 AM
From: Cynic 2005	Read Replies (2) \| Respond to of 50167

Randy, what are the Swiss going to do with the proceeds? Buy stocks? I don't think so. If the Swiss is liquidating a lot of Gold, that will have some effect on the liquidity of the equity markets. BTW, I have read a SI note which said that it was only a proposal to sell Gold which the Swiss Govt. declined. I differ from your view point on techs. They just got in to the slaughter house. You haven't seen nothing yet. You may find an interview with a hedge fund manager Flenkenstein (sp) in this week's Barron's. Like many tech bears, he doesn't get much respect from super bulls, but he exposes the fallasy in perma-bull thinking on tech-stocks. A must read whether you agree with him or not. Good luck! -Mohan