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In a message dated 98-05-18 23:52:55 EDT, GREHERT writes:
<< Subj: Re: GEN - another NHNL view
Date: 98-05-18 23:52:55 EDT
From: GREHERT
To: BobRABCDEF
I looked at your chart. The NH and NL "strengths'" make sense and seem
logical and somewhat predictive. The ADV/DECL Strength on the other hand
doesn't look right. It gave a reasonable sell signal as the market bottomed
in April, but gives a buy signal today as the ADV/DEC line is again flirting
with disaster. What gives with this inconsistent indicator? Could you tell
us how it's computed?
Best Regards,
Jerry Rehert (grehert@xxxxxxx)
"Too much information is no information"
Atlanta, GA
@ 11:50 pm, May 18th, 1998 >>
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