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Hi Steve,
That was an interesting indicator, but since the 20 most active cover a
broad market, and the m/a formula is supposed to be compared to the m/a
of the market, would you please clarify
a) which market you meant to compare it to because the Dow, SPX and
COMPX do not move in the same direction
b) Are you defining the moving average for market gains/losses, based on
close, high, low, a/d, volume?
Thanks,
Ketayun
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