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

To: Gersh Avery who wrote (24564)	8/18/1998 1:05:00 AM
From: James F. Hopkins	Respond to of 94695

Gersh; Monty and I are looking at internals, not the index price it's actually a count of the "number" of stocks advancing or falling below a certain DMA this is more like an A/D line, but it's more detailed. He runs a special scan to get these numbers. Any of the trend lines on based on index price can be influenced by a few stocks if the move in them is big enough, this is looking at the "amount of stocks" moving up or down, inside the index it gives a broad internal picture, and can differ a lot from an MA on index price. Jim