|
PureBytes Links
Trading Reference Links
|
Sounds similar. This one just measures that last hour of
the day though. I heard about it on the old Street Signs. It works
similar to looking at divergences in the A/D line in finding tops.
Kent
----- Original Message -----
From: <A
href="mailto:wd78@xxxxxxxxxxxx"; title=wd78@xxxxxxxxxxxx>wavemechanic
To: <A href="mailto:realtraders@xxxxxxxxxxxxxxx";
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx
Sent: Thursday, August 01, 2002 11:18 PM
Subject: Re: [RT] Not A Pretty Day
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Kent
Rollins
To: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx";
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx
Sent: Thursday, August 01, 2002 10:55
PM
Subject: Re: [RT] Not A Pretty Day
Here's another little indicator that is interesting to watch: today
wasfirst day in I think 8 where the last hour was down, not up. If
BobR orClyde want to code this up, create an indicator that simply
consists ofsumming the move over the last hour of trading each day.
Plot that over theindex you're measuring. The idea is that retail
buys at the open, pros buytowards the close.
Isn't that simply the Smart Money Flow
Index?
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px"><FONT
color=#800000 size=2>SMI (DJIA) = 10 a.m. - last close + close
today
Kent----- Original Message -----From: "John
Cappello" <jvc689@xxxxxxx>To:
<<A
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx>Cc:
<<A
href="mailto:MedianLine@xxxxxxxxxxxxxxx";>MedianLine@xxxxxxxxxxxxxxx>Sent:
Thursday, August 01, 2002 9:49 PMSubject: [RT] Not A Pretty
Day1. NYSE Advancing issues 1232 and Declining issues
19892. Nas Advancing issues 1150 and Declining issue 22413.
Momentum -1.08 vs -0.64 prior day4. All of days 60 min bars below
moving average volume line.5. Talking Head guest talking about high
S%&P PE's relative tovalue.Something new right?6. Negative
economic news.I think I covered my short too soon. But worse days have
seen turnarounds for what appeared to be no good reason.I thought
today would be a 50/50 shot as an up day. Tomorrow I wouldnot give odds
but call them as I see them.Any other ideas?JohnTo
unsubscribe from this group, send an email to:<A
href="mailto:realtraders-unsubscribe@xxxxxxxxxxxxxxx";>realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to <A
href="http://docs.yahoo.com/info/terms/";>http://docs.yahoo.com/info/terms/To
unsubscribe from this group, send an email to:<A
href="mailto:realtraders-unsubscribe@xxxxxxxxxxxxxxx";>realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to <A
href="http://docs.yahoo.com/info/terms/";>http://docs.yahoo.com/info/terms/To
unsubscribe from this group, send an email
to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour use
of Yahoo! Groups is subject to the <A
href="http://docs.yahoo.com/info/terms/";>Yahoo! Terms of Service.
Yahoo! Groups Sponsor
ADVERTISEMENT
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|