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>Actually, $TIKI is the ratio of the number of DOW stocks ticking up or
>down.
>From their last **tick**....
>of DOW stocks
Of course! I assumed everyone knew that.
>forget the author's name but there is a book that devotes an entire chapter
>to the TIKI trading system.
Raschke, Conners, Schwartz all talk about tick and tiki methodologies
in recent books..... (IMHO a complete waste of time...the tiki systems that
is). Ned Davis and many others have been doing breadth (i.e.
A/D) research for decades.
BW
>From: "Wes Williams" <softexcl@xxxxxxx>
>Reply-To: <softexcl@xxxxxxx>
>To: "Bill Wynne" <tradewynne@xxxxxxxxxxx>, <ebonugli@xxxxxxxx>,
><omega-list@xxxxxxxxxx>
>CC: <rfurse@xxxxxxxxxxxx>
>Subject: RE: OddBall as a market timing tool
>Date: Thu, 21 Feb 2002 08:56:40 -0700
>
> > Tiki and Tick refer to change from the last TICK,
> > A/D data refers to the last daily close.
>
>Actually, $TIKI is the ratio of the number of DOW stocks ticking up or
>down.
>It is used as a leading indicator in some systems. When 22-27 DOW stocks
>are
>ticking up or down concurrently, price action on the broader indices tends
>to follow strongly several minutes later. It works but gives false signals
>at times. It gets subjective when 20-21 stocks are ticking in synch. I
>forget the author's name but there is a book that devotes an entire chapter
>to the TIKI trading system. You'd have to search to find it.
>
>Sincerely,
>Wes Williams
>
>
> > -----Original Message-----
> > From: Bill Wynne [mailto:tradewynne@xxxxxxxxxxx]
> > Sent: Thursday, February 21, 2002 8:33 AM
> > To: ebonugli@xxxxxxxx; omega-list@xxxxxxxxxx
> > Cc: rfurse@xxxxxxxxxxxx
> > Subject: Re: OddBall as a market timing tool
> >
> >
> > >1) A/D ratio ( is it $TIKI ?),
> >
> > $Adv/$decl or ADV - DECL I'd guess.
> >
> > Tiki and Tick refer to change from the last TICK,
> > A/D data refers to the last daily close.
> >
> > BW
> >
> >
>
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