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Thanks Bob for the followup, see it now.
don ewers
----- Original Message -----
From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, June 16, 2001 8:45 AM
Subject: Re: [RT] GEN - market timing
> Don, here is an expanded view of the chart showing the detail of Thursday
> and Friday. The data window is for 6/14 and shows the SuperT oscillator
> at -99.61. Then intraday Friday it plunged below the Correction level and
> reversed to close at -20.58. The code comes from William Mason's concepts
> in TASC Jan 1989, April 1989, September 1989. It is what Ben has tried to
> explain in the past. Ben is said to have been involved in the creation of
> the cumulative value of the oscillator.
>
> In the Jan 1989 issue the Technical index is defined as:
> "The Technical Index is created by taking the net difference of the
advances
> and declines, up and down volume, and new highs and new lows; expressing
> them as a percentage of their respective base, algebraically combining
them
> to get a daily net number and accumulating this algebraic
net......Technical
> Index = Previous day's value + Today's Sum."
>
> I made it into two indicators. One is the oscillator(what I call the
> SuperT) made from each day's value and the other is the Technical Index
> which is the cumulative value.
> Oscillator = AD%+Vol%+HL%=100*((adv - decl)/Total issues +
(uvol-dvol)/tvol
> + (newhighs-newlows)/total issues
> Technical Index = Cum(oscillator).
>
> bobr
> http://www.oextrader.com/sigma_trader
>
> ----- Original Message -----
> From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Saturday, June 16, 2001 6:07 AM
> Subject: Re: [RT] GEN - market timing
>
>
> > BobR,
> > To my eye the close of the superT is not close to the -100 and the far
> left
> > shows -45.15 which is more in line with what I am seeing?
> >
> > What am I missing (help)?
> > don ewers
> > ----- Original Message -----
> > From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Thursday, June 14, 2001 6:07 PM
> > Subject: [RT] GEN - market timing
> >
> >
> > > Today's price, issues, volume is making for some mightly interesting
> > charts
> > > tonight. The Super T oscillator on the attached chart is analogous to
> the
> > > "rubber band" theory of market stretch and rebound. The oscillator is
a
> > > combination of issues, volume, new highs and new lows and is another
> item
> > > passed on by Ben, alias Profittaker. Today it closed within 0.39
points
> > of
> > > the -100 CORRECTION level. Crash level has an eyeball definition
> of -150.
> > > Note that the length of time the oscillator resides near either of
these
> > two
> > > lines is measured in just a few days. Also of interest is the DJ
close
> > > within 16 points of the long term green Win Midas line and within 15
> > points
> > > of the red WinMidas short term support line. The combination of the
WM
> > > support lines and the SuperT oscillator should offer a ray of hope for
> the
> > > immediate future....longer term is another matter.
> > >
> > > bobr
> > >
> > > To unsubscribe from this group, send an email to:
> > > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> > >
> > >
> > >
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> > >
> > >
> >
> >
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> >
> >
> >
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> >
> >
>
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