Go to Jeff Salisbury LWGate Home Page.From: michael_niemotka@baxter.com
Subject: Re: [CANSLIM] The A's & B's in Acc/Dis
Date: Tue, 18 Jun 2002 08:31:16 -0500
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Thanks. That is my one gripe with IBD. I packs SO much info to a daily
paper, that sometimes I feel overwhelmed. I know there is that little blurb
in the paper about how you can get great info in only 15 mins a day, but
that seems WAY to short of a time.
Mike Niemotka , PE
Sr. Principal Engineer
Baxter Healthcare Corporation
Route 120 & Wilson Road
Round Lake, IL 60073
Tel (847) 270-4075
Fax (847) 270-4525
michael_niemotka@baxter.com
"Katherine Malm"
<kmalm@earthlink.net> To: canslim@lists.xmission.com
Sent by: cc:
owner-canslim@lists.xm Subject: Re: [CANSLIM] The A's & B's in Acc/Dis
ission.com
06/18/2002 08:20 AM
Please respond to
canslim
Hi Mike,
Take a look at the IBD Big Picture page (General Markets & Sectors, usually
page B2)....then look at the Dow Jones Industrials graph, lower left.
You'll see a summary of A/D numbers. I'm looking at 6/13's paper, but it
says:
A 528 -16, B 1921 -49, etc.
Meaning 528 A's currently, down 16 from the previous day, etc.
One thing to keep in mind about the A/D numbers is that they are a
*lagging* indicator of current activity. Good for determining trend, but
may not necessarily tell the whole story at a turning point--only the
price/volume action of individual stocks tells that in a comprehensive way.
That said, I am not disputing what Fred was saying, just adding a
cautionary interpretive note.
Katherine
----- Original Message -----
From: michael_niemotka@baxter.com
To: canslim@lists.xmission.com
Sent: Tuesday, June 18, 2002 8:13 AM
Subject: Re: [CANSLIM] The A's & B's in Acc/Dis
Just curious, how do you know that the number of A's and B's dropped? Is
that in the paper somewhere?
Mike Niemotka , PE
Sr. Principal Engineer
Baxter Healthcare Corporation
Route 120 & Wilson Road
Round Lake, IL 60073
Tel (847) 270-4075
Fax (847) 270-4525
michael_niemotka@baxter.com
"Fred Richards"
<ffradrich@attbi.com> To: CANFORUM <
canslim@lists.xmission.com>, SWL@adrich.com
Sent by: cc:
owner-canslim@lists.xm Subject: [CANSLIM]
The A's & B's in Acc/Dis
ission.com
06/18/2002 07:16 AM
Please respond to
canslim
If the action on Monday was truly the beginning of the new bull, why was
there a drop in the number of A's and B's in the Acc/Dis numbers in IBD.
Also, please note the low volume. It looks to me as if the individual
optimists were suckered in again and the big boys were selling into the
rally.
Just a word of caution to those of you who have itchy trade fingers.
Fred Richards
Corruptisima republica plurimae leges. [The more corrupt a republic, the
more laws.] - - Tacitus, Annuals III 27
www.adrich.com
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Previous Article (by Author): Re: [CANSLIM] The A's & B's in Acc/Dis michael_niemotka@baxter.com
Top of Thread: Re: [CANSLIM] The A's & B's in Acc/Dis "Katherine Malm"
Next in Thread: Re: [CANSLIM] The A's & B's in Acc/Dis "Patrick Wahl"
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