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Assuming Data1 is Nyse, Data2 is Nasdaq, and Input AvgLen = 50, then
Indicator "RelSecuStrength" Plot1 = Average(Data1, AvgLen) / Average(Data2,
AvgLen) will plot the relative strength. Plot will rise when Nyse is
stronger and fall when Nasdaq is stronger, suggest drawing linear regression
trend channels to identify trend. If you really want to track big vs small
cap I'd suggest using SP500 for big cap and either SP600 or Ru2000 for small
cap (or use the indexes appropriate to futures spread trading).
-----Original Message-----
From: John Corrion <corrion@xxxxxxxx>
To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>; RealTraders Discussion
Group <realtraders@xxxxxxxxxxxxxx>
Date: Sunday, January 25, 1998 9:13 AM
Subject: Nasdaq moving above NYSE
>Can anybody share the methodology or code for computing what was
>mentioned yesterday. Specifically, the Nasdaq moving above the 50 day
>NYSE. I tried to duplicate with out success.
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