|
PureBytes Links
Trading Reference Links
|
It would be interesting to get some feedback on this from Tom McClellan, of
McClellan indicator fame...
an expert-of-sorts on breadth measures.
> -----Original Message-----
> From: david b. stanley [mailto:davestan@xxxxxxxxxx]
> Sent: Sunday, March 17, 2002 7:05 AM
> To: softexcl@xxxxxxx; omega-list@xxxxxxxxxx
> Subject: Re: How Accurate Is The A-D Line - April 2002
>
>
> Interesting article.
>
> Is there an index that filters out all the peripherals and only
> tracks the option-traded stocks?
> And, if so, it would be a humungous task to extract the AD
> numbers from all those, unless
> there is already an index for such.
>
> and if not.....
> I'm no expert on the components of the SP500 index. But I assume
> that it is composed
> of stocks that are open to possible option trading as well. Right/wrong?
>
> If right, then an increase or solid amount in SPX volume should
> confirm that the NYSE AD
> numbers are probably valid. Yes?
>
> dbs
>
> Wes Williams wrote:
>
> > "Maybe not as accurate as you think. Here's one way to get more
> realistic
> > results." by Lawrence G. McMillan.
> >
> > I'd be interested in your thoughts.
> >
> > Sincerely,
> > Wes Williams
> >
> >
http://www.traders.com/Documentation/FEEDbk_docs/Abstracts_new/Millan/millan
> .html
>
> ------------------------------------------------------------------------
> Name: How Accurate Is
The A-D Line - April 2002.url
> How Accurate Is The A-D Line - April 2002.url Type: Internet
Shortcut (application/x-unknown-content-type-InternetShortcut)
> Encoding: quoted-printable
|