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Advance and Declines



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Terry Smith mentioned the use of measured Advances and Declines and how it
has helped his trading of the SP's.  Terry, just what do you mean by
"measured" Advances and Declines?  And just how does Angell apply the Adv
and Dec?  What indicators are used  or what methods does he employ?
And thanks for the reply!!!
John
jdfo@xxxxxxxxx