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Hi Bob,
I've read and re-read this and I'm still trying to figure out what
you are saying. There are 2 plot lines and then there is an indicator
that has four lines, but it's only supposed to be on the Nasdaq? On
the chart it says both INDU and NAS but the chart says (INX) S&P 500.
What are you seeing? The price doesn't for example stop and reverse
after a 3% move does it?
--- In realtraders@xxxxxxxxxxxxxxx, "BobR" <bobrabcd@xxxx> wrote:
> Had a mistake on that chart. Its the Nasdaq that religioously hits
the discrete percent levels.
>
> bobr
> ----- Original Message -----
> From: BobR
> To: realtraders@xxxxxxxxxxxxxxx ; MedianLine@xxxxxxxxxxxxxxx
> Sent: Monday, January 13, 2003 5:04 AM
> Subject: [MedianLine] More on percent change from the close
>
>
> Just wondering what Clyde and others, especially old timers see
in this
> chart comparing the percent move from the close. These 1,2,3%
moves on the
> INDU almost look too precise to be accidental. Kinda looks like
there is a
> conspiracy or system that makes decisions at the integral dow
percents.
> What if anything might you conclude about what percent levels the
INDU has
> an "affinity" for?
> What about the day or days following moves of a X percent?
> Also, what if anything can be said about the synchronicity of the
three
> indexes?
> What would be the best way to compare three data series for
congruity?
>
> Someone(s) must have already written a book on this subject. hat
is the
> title?
>
> thanks, your insights are appreciated.
> bobr
>
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