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

To: Nancy who wrote (20631)	6/18/1998 6:44:00 AM
From: William H Huebl	Read Replies (4) \| Respond to of 94695

Nancy, Summation is T2118 and is better than Osc, I think... it is like the difference between breadth and A/D line... VGY is the Value Line Geometric index which tends to be much more conservative and tends to lead the markets like BRKA. The Williams A/D is a PRICE indicator based on the true range of the lows compared to highs... and Williams recommends you use it to find DIVERGENCES. I think it is great plotting it with an MA and trading the cross-overs. For example, the 17 day TEMA of the Williams A/D on VGY crossed the 17 day weighted MA, same indicator, on April 24th and is NOT even close to crossing back! That tells me that this recovery should be protracted as expected and not an immediate thing. BWDIK? Bill (can email chart if wanted)