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Also consider and comparing the %R at 25 days and Momentum at 25 days with
Stochastics at 25 days for longer term tops and bottoms. - Rodg
At 10:41 PM 9/13/97 -0500, L. Peterson wrote:
>michael arnoldi wrote:
>"a pretty good top & bottom picker discoverd:
>plot the usual a/d line (advancing minus declining issues, cumulated)
>
>now drop on this line rsi(25) and you can observe divergences of the a/d
>line which shows up a day or so ahead of the price changes.
>
>any comments ?"
>
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>...
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>Mike:
>
>I tried your suggestion--I had never tried an indicator on this line. The
>25 RSI of the cumulative A/D Line looks like it could be an early warning
>system of things to come. It seems much more revealing than the cum A/D
>Line itself.
>
>Attached are two gifs. On the mike.gif I did not mark any bottom
>divergences. Mike, thanks for sharing this.
>
>Pete
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>Attachment Converted: "c:\eudora\attach\mike1.gif"
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>Attachment Converted: "c:\eudora\attach\mike.gif"
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