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<DIV><FONT color=#000000 face=Arial size=2>Thanks for reply......Your
contribution to SI is one of the best things there.</FONT></DIV>
<DIV><FONT color=#000000 face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Dick</FONT></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From:
</B>Richard Estes <<A
href="mailto:restes@xxxxxxxxx";>restes@xxxxxxxxx</A>><BR><B>To: </B>Dick
<<A
href="mailto:dick@xxxxxxxxxxxxx";>dick@xxxxxxxxxxxxx</A>><BR><B>Date:
</B>Monday, February 09, 1998 12:47 PM<BR><B>Subject: </B>Re: Question for
Richard E.<BR><BR></DIV></FONT>
<DIV><FONT color=#000000 face=Arial size=2>I use Fibonacci numbers for all
my periods. A top notched TA program had a proprietary indicator that called
the majority of moves, when I saw a near match on calls with MACD(13,34,89)
I decided to use it for intermediate moves.</FONT></DIV>
<DIV><FONT color=#000000 face=Arial size=2></FONT> </DIV>
<DIV><FONT color=#000000 face=Arial size=2>The vast majority of the stocks I
trade are IBD RS/EPS >80, float <50m. So these are fast, good %
movers, that seem to fit the MACD(13,34,89) call. 89 is my favorite period,
coming close to a Gann 90, and being nearly 1/2 of the 160-180 cycle that I
have found the stocks I follow to have. I found this by doing alot of
fourtier studies.</FONT></DIV>
<DIV><FONT color=#000000 face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>When a beginner ask me for an indicator to use
until he catches on to TA, I say MACD(13,34,89), Dahl Primary trend, 89 time
series MA with an 8 day shift right.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>MACD(13,34,89)</FONT></DIV>
<DIV><FONT face=Arial size=2>Mov(C,13,E) - Mov(C,34,E)-Mov((Mov(C,13,E) -
Mov(C,34,E)),89,E)</FONT></DIV>
<DIV><FONT face=Arial size=2>in a histogram format for visual</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>DAHL</FONT></DIV>
<DIV><FONT face=Arial size=2>Mov(C,50,S) - Ref(Mov(C,50,S),-15)</FONT></DIV>
<DIV><FONT face=Arial size=2>in histogram format.</FONT></DIV>
<DIV><FONT color=#000000 face=Arial size=2> </FONT></DIV>
<DIV><FONT color=#000000 face=Arial size=2>Richard Estes<BR></FONT></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<DIV><FONT face=Arial size=2><B>-----Original
Message-----</B><BR><B>From: </B>Dick <<A
href="mailto:dick@xxxxxxxxxxxxx";>dick@xxxxxxxxxxxxx</A>><BR><B>To:
</B><A
href="mailto:metastock-list@xxxxxxxxxxxxx";>metastock-list@xxxxxxxxxxxxx</A>
<<A
href="mailto:metastock-list@xxxxxxxxxxxxx";>metastock-list@xxxxxxxxxxxxx</A>><BR><B>Date:
</B>Monday, February 09, 1998 3:50 PM<BR><B>Subject: </B>Question for
Richard E.<BR><BR></DIV></FONT>
<DIV> </DIV>
<DIV> Hey Richard,</DIV>
<DIV> </DIV>
<DIV><FONT style="BACKGROUND-COLOR: #ffffff">I've been running a series
of indicators, one of which is the MACD 13,34,89 that (I think) I saw
you recommend first on SI, some time ago.</FONT></DIV>
<DIV><FONT style="BACKGROUND-COLOR: #ffffff"></FONT> </DIV>
<DIV><FONT style="BACKGROUND-COLOR: #ffffff">It's amazing how much of
the time it signals the actual end/beginning of trends correctly and I
was just wondering how you came about those numbers and why it works/
how you use it.</FONT></DIV>
<DIV><FONT style="BACKGROUND-COLOR: #ffffff"></FONT> </DIV>
<DIV><FONT style="BACKGROUND-COLOR: #ffffff">Any comments you have would
be much appreciated.</FONT></DIV>
<DIV><FONT style="BACKGROUND-COLOR: #ffffff"></FONT> </DIV>
<DIV><FONT style="BACKGROUND-COLOR: #ffffff">Thanks,</FONT></DIV>
<DIV><FONT style="BACKGROUND-COLOR: #ffffff"></FONT> </DIV>
<DIV><FONT
style="BACKGROUND-COLOR: #ffffff">Dick</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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Date: Sun, 15 Feb 1998 23:04:29 -0800 (PST)
From: Chip Anderson <chipamy@xxxxxxxxx>
Reply-To: chipa@xxxxxxxxxxxxxxx
Subject: Re: McClellan Summation Index verification?
To: John E Bush <jb90036@xxxxxxxxxxxxxxxx>, metastock-list@xxxxxxxxxxxxx
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Re: Value depends on where you start it.
It thought that was true also, but Achelis doesn't indicate that and
in fact gives bullish and bearish levels (-1300,+1600) which would
imply that it is independent of starting location. Also, CNBC and a
couple of websites don't show the curve, just the numbers which seems
very bogus to me. Can anyone clarify?
Ultimately, I agree that the curve is what's important. Just trying
to get a full understanding of things.
Chip
---John E Bush wrote:
>
> 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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