SI
SI
discoversearch

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


To: GROUND ZERO™ who wrote (11966)12/20/1997 2:28:00 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 94695
 
GZ, >>What I found was that the sum went negative around October 10th or so, about a week and 1/2 before the Friday and Monday crashes.

Yes, we had that big drop in July or Auguest and then the market tried to recover. During this recovery the AD line just stayed realtively steady instead of moving up as the DOW tried to recover. As you noted it detoriated ahead of the crash.

Joan



To: GROUND ZERO™ who wrote (11966)12/22/1997 9:06:00 PM
From: bearshark  Read Replies (3) | Respond to of 94695
 
Hi GZ: I have some data to calculate the difference between the sum of advances and the sum of declines for the previous 25 days on the NYSE. Here is all the data I have

12/22/97_______ 372
12/19/97_______ -994
12/18/97_______ -851
12/17/97_______ 349
12/16/97_______ 492
12/15/97_______ 229
12/12/97_______ 39
12/11/97_______-1,497
12/10/97_______ -968
12/9/97 _______ -632
12/8/97 _______ 247
12/5/97 _______ 542
12/4/97 _______ 219
12/3/97 _______ 395
12/2/97 _______ 296
12/1/97 _______ 1,034

I have been collecting the advance decline information only since the end of October. The above numbers all represent the difference between the two sums of 25 days. Tomorrow will go negative also, unless we have an incredible amount of advances over declines.

The table shows what I have been noting about weakening internals.