Go to Jeff Salisbury LWGate Home Page.From: Robert <FBNAirPLT@yahoo.com>
Subject: [CANSLIM] next threshold for over rich market based on Acc/Dis numbers
Date: Mon, 10 Dec 2001 18:03:51 -0500
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Hi Tom The following would indicate an "over rich" market. When %e gets as low as 1.5 to 2%, you should be on the look out that the market is overextended (over-rich), and is due for a correction. Also once the a+b/a:e gets close to 75%, one should be alerted that the market is very extended and is likely to go through a correction. As far as when the above might happen it would seem we have along way to go right now. The indication from the Ian woodward answer is that this happens rarely (like when Mr. Greenspan talks about Irrational exuberance). A normal market should vary between 62 and 75%. Hopefully we will be in a time of more normal markets for a while. Robert - -----Original Message----- From: Tom Worley [SMTP:stkguru@netside.net] Sent: Monday, December 10, 2001 3:58 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Acc/Dis Numbers Thanks, Robert, I had been wondering how much longer it would take to see "Market in correction" go away! What is the next threshold, and what will it take for the numbers to achieve that? Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- From: Robert To: canslim@lists.xmission.com Sent: Sunday, December 09, 2001 10:41 PM Subject: [CANSLIM] Acc/Dis Numbers Hello everyone. Here are the latest Acc/Dis numbers. PLEASE take note that the market has returned to a "stable condition" on 12/7!! The last time the market this occoured was 5 months ago on 7/6/01. So things are looking up. Let the Bull return.... Robert Spread sheet version Date,A,B,C,D,E,% of AB/A:E,%E,Market Posture 11/30/01,651,2299,1232,930,305,54%,6%,Market in correction 12/3/01,715,2371,1201,860,281,57%,5%,Market in correction 12/4/01,695,2392,1181,878,282,57%,5%,Market in correction 12/5/01,678,2360,1204,885,288,56%,5%,Market in correction 12/6/01,736,2440,1173,814,263,59%,5%,Market in correction 12/7/01,924,2470,1064,754,239,62%,4%,Market stable 12/10/01,984,2450,1058,728,248,63%,5%,Market stable << File: ATT00003.htm >> - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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