Re: Nasdaq moving above NYSE

[Bob Fulks <bfulks@xxxxxxxxxxxx>]

At 11:13 AM -0500 1/25/98, John Corrion wrote:
>Hi,
>
>Can anybody share the methodology or code for computing what was
>mentioned yesterday.  Specifically, the Nasdaq moving above the 50 day
>NYSE.  I tried to duplicate with out success.
>
>I have TS and Metastock.
>

I plotted the following as an indicator in TradeStation:

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{Data1 = whatever you want to trade/compare.
 Data2 = Nasdaq (*OTC)
 Data3 = NYSE (*DWI X)}

Value1 = Close of data2 / Close of data3;

Plot1(Value1, "Ratio");
Plot2(Average(Value1, 50), "Ave50");

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Bob Fulks