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The symbol for the NYSE "New Highs-New Lows Index" is
$NYHL. It measures the difference between the number
of NYSE stocks hitting new 52 week highs minus those
hitting 52 week lows. You can look at it from a dialy
chart, weekly chart or monthly chart.
Joe
--- pumrysh <no_reply@xxxxxxxxxxxxxxx> wrote:
> Believe its a subjective matter but Greg Morris has
> some add-ons and
> a book that you might want to explore.
>
> http://www.wallstreetsoftware.com/gmbit.html
>
> New highs would be:
> H>=(HHV(H,255)
>
> New lows would be:
> L<=(LLV(L,255)
>
> Then there is the matter of the security mix.
>
>
> hope this helps,
>
> Preston
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx,
> "troy666_2006"
> <troy666_2006@xxx> wrote:
> >
> > One of the market breadth indicator is a number of
> securities with
> new
> > highs ( or new lows ). Does any one know how those
> numbers are
> > calculated? What's a time period for new
> highs/lows calculations?
> >
>
>
>
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