Re: [CANSLIM] The A's & B's in Acc/Dis

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"                                                                                        
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                    owner-canslim@lists.xm        Subject:     Re: [CANSLIM] The A's & B's in Acc/Dis                       
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                    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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