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Clive:
Thank you for your quick and complete response. You have saved me hours of
searching. I'd like to see this book updated and re-issued.
Warm regards
Lionel Issen
At 08:33 AM 6/23/97 +0200, Dr Clive Roffey wrote:
>Lionel,
>
>The table on Page 376 refers. Dines book is a truly massive commentary
>on TA.
>I transfer the MS exploration onto Excel both daily and weekly. It only
>takes a couple of minutes.
>
>Watch the movement of the share or sector up and down the table in
>relation to its actual momentum ( or other scan ) value. A rising table
>position with a rising value is bullish. A rising table position with a
>falling value is ignored.
>
>Also watch the table position of the 100 mark. This gives an excellent
>indication of the bull / bear state of the market. A 100 level rising up
>the table is bearish. Also check the number of sectors above and below
>the 100 level for another bull / bear indication. Color some of the
>cells to make identification easier.
>
>Re 'narrowing the universe'. I check daily each sector's relative
>strength against an overall market index. Select the sectors with the
>positive rel strength and find the shares in those sectors causing the
>strength. Only then do I analyse this short list.
>
>I will post the technical analysis course soon.
>Hope this helps.
>
>Regards, Dr. Clive Roffey
>
>
>
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