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At 05:48 PM 02/15/98 -0800, you wrote:
>Can someone who calculates the McClellan Summation Index on a regular
>basis please compare their results with the chart on the "Market
>Internals" page of my site (http://coolhistory.com/ChipsCharts)? I'm
>looking at a different site that is reporting very different numbers
>for that index and want to see what values other people are
>calculating for it.
>
>In TAZ, Achelis describes two methods for computing this index. I use
>the custom function in MS 6.5 with RTD. I have been assuming that
>when I've seen different numbers, its because they used the other
>method. But now I want to make sure.
>
>If you do notice a difference between your numbers and mine please let
>me know. Please let me know your data vendor, your calculation
>method, and (most importantly) does the index's curve look like my
>chart regardless of the values?
>
>Final question, what method does CNBC use?
>
>Thanks in advance,
>Chip
>
Chip,
You can find some charts and information at the following site:
http://www.decisionpoint.com/DailyCharts/DailyMenu.html
My understanding is the value depends on when you start the calculation;
the curve is what is important.
john
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