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To: donald sew who wrote (49307)8/5/1998 10:09:00 AM
From: ViperChick Secret Agent 006.9  Read Replies (2) | Respond to of 58727
 
Don
how much of a differential do you think you need to see between the two to indicate a move

BMI quotes are AFU for the Historical TRIN

can anyone give it to me for thurs, fri, mon, and yesterday

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this was not the kind of open I wanted to see...
I wanted a dump and THEN rally....
well we did get a dump and then a rally...i wonder if that short little time frame will qualify

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To: +BoNg-N-BoNg (12543 )
From: +LastShadow
Wednesday, Aug 5 1998 6:15AM ET
Reply # of 12554

Another correction...

Last night I was starting to set up the Point of Balance Oscillator and discovered an
error in the magazine's description of the recursive mathematics. Although the examples
they gave were correct, the formula was not. Now, since no one has emailed me about
this (surprise, surprise) I think its pretty safe to say its not in wide use. At any rate, the
correct formulas are:

Bull Fear = BLF = ((HH[n] + HL[n] )/2)
Bear Fear = BRF = ((HL[n] + LL[n])/2)
Point of Balance = POB = ((BLF-BRF)/2+BRF)/2

the correction is the last "/2"
lastshadow



To: donald sew who wrote (49307)8/5/1998 10:29:00 AM
From: John Lacelle  Read Replies (1) | Respond to of 58727
 
donald,

Look for another big slide for the rest of
the day. The early upswing was cause by
some of the dip and value buyers who don't
realise that the party is over for now.

Trading is so heavy right now that the
quote servers are slowing to a crawl...

-John