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Re: MKT - djia and ER numbers



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Lee

Since you are a beta tester for AIQ - I for one would (if possible) be
intersted in seeing your (.gif) analysis refuting bobr!

bill g.

Lee Clayton DDS wrote:

> AIQ did not give a Sell signal yesterday.  Using Dial Data as the data
> source the signal yesterday was 10-90 and not a Sell!
>
> Very risky here but not a Sell.
> -----Original Message-----
> From: bobrabcd <bobrabcd@xxxxxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Date: Friday, October 17, 1997 6:24 AM
> Subject: MKT - djia and ER numbers
>
> AIQ is sometimes notorious for giving buy or sell Expert Ratings near the
> upper or lower bands just as the mkt reverses to the opposite direction of
> the ER indication.  This is one of the rare times it comes at the middle
> band on the DJIA. The same ER rating of 4 up and 96 down was received for
> the OEX after the close yesterday.  The SPX has an ER 9 up and 90 down
> which is borderline sell, 95 being the commonly accepted level.  Of course
> 500 stocks are being analyzed rather than 30 or 100.  Maybe that is one
> glimmer of hope for bullish types.  The NDX also remains on a sell rating
> based on the AIQ breadth analysis last week with three sells in a row.  It
> hasn't generated a new signal since then so those three remain effective.
>
> BobR