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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (11079)	4/15/1999 11:23:00 PM
From: freelyhovering	Read Replies (1) \| Respond to of 99985

GZ--Worden's TC2000 has a 4wk cumulative A/D line but calculated somewhat differently than yours. They use only NYSE stocks(I assumed you were as well), and it is calculated "from the percentage of advancing stocks minus the percentage of declining stocks. For example, if 55% of the NYSE was up today and 30% was down, the daily figure would be 25(55%-30%)." The daily chart of the current 25 days shows a very elegant double bottom breakout to the upside. Is that what your graph shows? Myron