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In a message dated 1/11/99 1:15:59 PM Eastern Standard Time,
sbook@xxxxxxxxxxxxx writes:
<< Schmidt's core indicator is based on a refinement of On Balance Volume.
Daily volume is adjusted by a factor determined by the position of the close
in relation to the range. This concept is not original to Bill.
Strong accumulation is indicated when a moving average of this series is
positive for about six months; the stock is expected to significantly out
perform the market over the next six months to a year. Moves of 50% to 100%
or more are typical. The converse would be true for distribution. I think
Bill originated this concept. >>
good morning
does anyone care to share this ela file privately or to the list
happy trading
Ben
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