|
PureBytes Links
Trading Reference Links
|
On Sat, 25 Oct 1997 08:20:09 -0700 Bob Hunt <RHunt.066@xxxxxxxxxxxxxxxx>
writes:
2. The seven day average of NYSE advances minus declines. A buy signal
is triggered whenever a reading under 200 turns up.
------------------------------------------------------------------------------------------------------------------
Bob, this is the basis of the Haurlan Index. Haurlan used 75 and -150 as
his signal lines. I use this with 5,10,15, & 20 dma's. The multiple ma's
give me a good idea of whether the move is a short term reversal or the
beginning of a change in trend.
Ron McEwan
|