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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (29020)	3/10/1999 3:08:00 PM
From: Sun Tzu	Read Replies (2) \| Respond to of 70976

The A/D is not a very good indicator anymore (IMO) because it includes some 6,000 companies with market cap of under 100 mill. There are two TC2000 indicators that are to be interpreted the same way but are much more reliable IMO. They're the Cumulative 4wk new hi new low and Bolton Trembley (sp?) indicators. Both of these indicators tell me that we are almost in as bad a shape as we were in last Oct., which is consistent with other research I've seen. I try to make use of Up volume - Down volume but it seems that Worden resets this indicator every few years. good luck, ST