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Harley,
I'm getting your charts with no problem at all. I'm still not sure I
understand your Jarvis indicators <G>, but I am experimenting with 13 and
55 day exponential moving averages of volume at the bottom of my charts.
Keep up the good work.
Jim
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> From: Harley Meyer <Harley.D.Meyer-2@xxxxxxxxxx>
> To: metastock-list@xxxxxxxxxxxxx
> Cc: Randy_Burkhardt@xxxxxxx; chetinmn@xxxxxxx; joncham@xxxxxxxxxxxxxx;
MAL2@xxxxxxxxxxxx
> Subject: DOW Update Aug23,97
> Date: Saturday, August 23, 1997 11:09 PM
>
> Note: if anyone is having trouble with the charts. For whatever reason
> let me know.
>
> Here is the chart. It should be self explanitory.
>
> We might test the top of the channel. It is hard to say. Who knows?
> Frankly I don't care. What I do care about is that this pattern that I
> have observed holds true.
>
>
> Since MAs are Jarvis Class indicators I took the 50 day MA
> and set it equal to the 10 day MA.
> With a little bit of algebra. I solved for the close at time t.
>
> I shifted all time periods ahead 1 time period. The resulting number
> will tell me when the 10 MA = 50 MA.
>
> SO on Monday if the up/down Vol Ratio is greater than 4.037 then the
> 10 MA > 50 MA. Not that Monday has any significance mind you.
>
> I had also tried this same analysis on the NASDAQ. Like the chart I sent
> everyone.
> But it didn't work. After a few days it dawned on me that the NASDAQ
> double counts volume. So I went to my composite. Multiplied by 1/2 the
> up vol & the Down vol.
>
> Bingo same results, same patterns that are present in the DOW.
>
> Harley Meyer
>
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