Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: James F. Hopkins who wrote (21891)	7/19/1998 9:27:00 PM
From: Monty Lenard	Read Replies (1) \| Respond to of 94695

Jim, The NYSE #'s are the Adv Issues less the Dec Issues on the NYSE (Net Difference). This trip rather than showing the net change in adv vs dec issues I used %. After doing all this, I realize how powerful the McClellan Oscillator with the right indicator applied can be for calling MAJOR REVERSALS (not the choppy stuff on a day to day basis). The List below represents the %age of Advancing Issues less Declining Issues divided by the Total Issues. I found the %age a little easier to relate to when looking for divergences(and there is some). I think your method of watching specific issues during the day may be a better short term indicator but as you say, you have to understand YOUR method. I also think the 5 Day Trin others were referring to is a good swing indicator with CONFIRMATIONS from other indicators. The problem I see is deciding what to buy or sell when you see the move coming. If you are in the wrong one, it does not matter how well you call what is going to happen. I don't trade options and do not know if I really want to trade them. I think your idea of certain funds may be the way to go. Will have to look into that some more to see if I can figure out which ones to use. Date NASD NYSE SP100 SP600 3/30/98 -8.90% -16.70% -29.00% -13.20% 3/31/98 18.70% 30.10% 34.00% 46.30% 4/1/98 6.10% 17.30% 12.20% 39.60% 4/2/98 0.70% 18.90% 46.90% -5.10% 4/3/98 -0.10% 3.00% 5.20% -10.60% 4/6/98 -16.70% -13.70% -40.80% -29.40% 4/7/98 -41.00% -40.70% -54.20% -60.10% 4/8/98 7.10% -13.90% -30.60% -6.80% 4/9/98 19.20% 26.30% 42.90% 64.10% 4/13/98 -8.40% -15.40% -17.20% -25.10% 4/14/98 14.70% 26.60% 45.30% 36.00% 4/15/98 10.40% 4.80% 17.50% 8.60% 4/16/98 -12.60% -33.20% -33.30% -30.90% 4/17/98 10.60% 20.40% 44.90% 16.10% 4/20/98 7.70% -6.00% -17.20% 6.10% 4/21/98 10.70% 6.50% 1.00% 34.80% 4/22/98 -1.00% -4.30% -20.40% -14.00% 4/23/98 -23.90% -44.20% -51.00% -53.70% 4/24/98 -17.80% -41.70% -61.20% -42.30% 4/27/98 -59.10% -80.00% -83.70% -77.20% 4/28/98 19.40% 22.80% -8.30% 26.60% 4/29/98 17.70% 29.00% 51.50% 36.30% 4/30/98 26.30% 51.70% 57.10% 44.00% 5/1/98 -1.90% 23.60% 36.70% 20.50% 5/4/98 1.90% 3.70% 10.90% -7.20% 5/5/98 -21.10% -22.70% -39.60% -37.20% 5/6/98 -11.20% -23.40% -58.30% -20.50% 5/7/98 -20.20% -30.60% -52.60% -32.40% 5/8/98 16.10% 23.20% 60.00% 27.90% 5/11/98 -16.90% -12.60% -9.30% -18.80% 5/12/98 -11.10% -5.90% 29.30% -9.00% 5/13/98 -4.90% -3.80% 4.30% 9.50% 5/14/98 -14.10% -15.60% 5.30% -38.90% 5/15/98 -18.50% -20.60% -51.10% -34.20% 5/18/98 -33.50% -37.00% -34.70% -45.20% 5/19/98 7.50% 14.00% -3.10% 37.50% 5/20/98 -15.60% 0.80% 31.30% -29.90% 5/21/98 -12.50% -8.00% -32.00% 16.70% 5/22/98 -17.70% -25.50% -21.60% -33.90% 5/26/98 -44.10% -44.00% -73.20% -70.20% 5/27/98 -47.20% -43.00% -24.20% -55.80% 5/28/98 21.00% 29.10% 25.00% 48.50% 5/29/98 1.30% 16.00% -32.00% 6.70% 6/1/98 -41.80% -20.70% -18.80% -40.60% 6/2/98 -7.80% -1.40% -9.30% -19.70% 6/3/98 -12.30% -5.70% -51.10% -2.80% 6/4/98 7.10% 13.30% 39.60% 34.10% 6/5/98 9.40% 30.40% 65.30% 7.40% 6/8/98 -3.60% 12.40% 23.70% 14.60% 6/9/98 -5.00% -12.30% 6.30% -17.90% 6/10/98 -33.90% -34.40% -51.50% -54.30% 6/11/98 -23.20% -54.30% -79.20% -51.40% 6/12/98 -9.50% -27.00% -2.00% -30.30% 6/15/98 -26.60% -53.30% -77.60% -70.00% 6/16/98 34.50% 22.60% 22.40% 40.30% 6/17/98 51.50% 41.70% 71.10% 36.80% 6/18/98 -20.50% -28.80% -18.80% -46.70% 6/19/98 -20.50% -20.90% -7.10% -23.30% 6/22/98 1.10% 3.70% 1.00% 26.10% 6/23/98 18.70% 21.40% 43.20% 28.80% 6/24/98 9.20% 15.60% 54.20% 25.60% 6/25/98 -7.90% -12.90% -12.80% 4.90% 6/26/98 1.60% 4.90% 16.70% 15.20% 6/29/98 18.90% 21.30% 40.80% 13.60% 6/30/98 14.10% 13.80% -11.60% 16.20% 7/1/98 32.50% 38.30% 51.00% 15.70% 7/2/98 7.90% 3.90% -4.30% -5.20% 7/6/98 14.70% 15.30% 28.60% 4.00% 7/7/98 3.10% 1.80% -20.40% -14.90% 7/8/98 12.10% 16.50% 34.80% 1.30% 7/9/98 -15.90% -15.70% -52.60% 1.70% 7/10/98 -7.10% -11.30% -9.70% -19.00% 7/13/98 -10.80% -15.00% -21.60% 0.80% 7/14/98 14.80% 19.50% 51.00% 1.50% 7/15/98 -7.40% -4.40% -11.60% 12.50% 7/16/98 15.60% 16.60% 33.30% -3.50% 7/17/98 -1.10% -4.70% 10.90% -8.10% It really amazed me how big the swings from day to day on the OEX can be. Monty PS Will work on the issues above or below some more moving averages to see if I can find the Holy Grail! <gg>