Earl-
Please I was wondering if I might get your
perspective on an issue. I note you use McClellan's work to some extent;
which
uses paramaters of 19 and 39 in his Summation
work. This is probably somewhat of an inane question but have you found any better, practical results (regarding
profitability) using 18 and 36 insead? This question may merely beg a
mute point.
Thanks for your feedback.
Chas
----- Original Message -----
Sent: Thursday, October 06, 2005 7:24
AM
Subject: [RT] Nyse Breadth Model
Daily
Breadth model is suggesting some caution now. New hi/lo (upper right) has
broken to new low confirming the break in the NYSE (upper left). The A/D
issues (lower left) and A/D volume models have yet to confirm
Wednesday's price low. The NYSE shows bigger volume bars on the past two
days suggesting selling is accelerating on the decline. While odds now suggest
a test of the major trendline (heavy grey), one can not rule out a reversal
here on a bullish divergence on A/D issues and volume.
Earl
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