Re: [RT] nasdaq

[profitok <profitok@xxxxxxxxxxxxx>]

no it is market barometer,, it takes  all  the 
positive technicalls on the market each day and deduct all the negative, 
the  result is  a number that is assigned to each day,,
then it sums the total of the last 10 days to make the  
market barometer,,
Ben
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  Charles Meyer 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
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  Cc: <A title=vdonovan@xxxxxxxxxxxxx 
  href="mailto:vdonovan@xxxxxxxxxxxxx";>Vincent DONOVAN ; <A 
  title=dorothy.carter@xxxxxxxxxxxxxxxx 
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  Sent: Monday, November 18, 2002 7:00 
  AM
  Subject: Re: [RT] nasdaq
  
  Ben-
   
  Is the MBI the Market Balance Index?  
  Tks.
   
  chas
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    Cc: <A title=vdonovan@xxxxxxxxxxxxx 
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    Sent: Sunday, November 17, 2002 4:56 
    PM
    Subject: [RT] nasdaq
    
    Hello
    adding fuel to the fire is my market 
    barometer,,
    it look at the health  of the technicals and sums 
    them up,
    it shows a definite bearish divergence,
    top chart is NDX  and bottom is   the 
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