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> This is described in "Futures According To Trend Tendency" by
> E. Michael Poulos, TASC January 1992, p. 61. (TASC was a good
> magazine then.)
FYI I posted an indicator a few years ago to compute the trendiness of a
market based on Poulos' article and a later TASC article by Alex Saitta.
See
http://www.purebytes.com/archives/omega/2001/msg04047.html and following
posts, including
http://www.purebytes.com/archives/omega/2001/msg04125.html
http://www.purebytes.com/archives/omega/2001/msg04137.html
http://www.purebytes.com/archives/omega/2001/msg04142.html
Gary
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