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: GROUND ZERO™ who wrote (40053)	5/17/1999 12:41:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 94695

GZ, I've added another indicator to the 25day sum It can also be applied to 30 days Picked it up from one my readings. Take total advances (25d sum) Divide by total decliners (25d sum) This gives a percentage 0.84 = over sold 1.00 = equilibrium 1.21 = over bought March 1st's reading was .78 with the DJIA at 9200± and S&P at 1775±. The markets have climbed continuously and this indicator has marked the rises and falls very clearly. This figure has been hanging 1.17 for most of last week. I've got more work to do back testing...but it looks promising. Chip