Go to Jeff Salisbury LWGate Home Page.From: "Katherine Malm" <kmalm@earthlink.net>
Subject: A/D (was: [CANSLIM] Was yesterday's rally for real?)
Date: Thu, 25 Jul 2002 09:15:55 -0500
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Good point, Fred. I've never understood why IBD went to the +/- =
designation in the first place. As A/D is already a summary measure of =
action, I don't see how adding another 10 possible designations adds =
much value. My guess is that the most it does is to add more noise to =
the measurement.
Katherine
----- Original Message -----=20
From: Fred Richards=20
To: canslim@lists.xmission.com=20
Sent: Thursday, July 25, 2002 9:01 AM
Subject: RE: [CANSLIM] Was yesterday's rally for real?
IBD as we have more history. Also, it has less noise than a large =
number of measurements.
To make my point.
There is a real question about pollution. Of course, homosapiens have =
lived on this planet for a few years.
Now, because we have the ability to measure things to the micron =
level, all of a sudden many things are "thought" to be hazardous when in =
actuality, they have been in the environment for eons and the homosapien =
has adapted to any changes. But suddenly, because we have the =
capability to measure, the sky is falling. We have had mold, fungus, =
and the plague in our earth since the beginning of time. But recently, =
a few lawyers have decided that mold is dangerous to our health and now =
our homeowners insurance policy premiums in Texas have skyrocketed. A =
little common sense is lacking in the legal profession and our juries.
Yep, I'm an old farmer. But if my corn fields look stressed from the =
highway, I know that it is from a lack of rain and high temperatures. I =
don't need a rain gauge calibrated in thousandth's of an inch and a =
thermometer capable of measuring temperature in hundred's of a degree to =
tell me that the corn is stressed.
The same goes for many other aspects of life including the market.
The question is simply this . . . are large institutions buying or =
selling the stock. We can tell that by simply looking at the number =
that hold it. Did it increase or not? Sometimes, I think that we =
forget to see the forest by looking at all the trees.=20
-----Original Message-----
From: owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Gene Ricci
Sent: Thursday, July 25, 2002 8:40 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] Was yesterday's rally for real?
Fred, IBD has A thru E, while DGO uses A thru E with the addition of =
a Plus (+) or Minus (-) with their ACC/DIST.... which do you use?
Thanks,
Gene
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<DIV>Good point, Fred. I've never understood why IBD went to the +/- =
designation=20
in the first place. As A/D is already a summary measure of action, I =
don't see=20
how adding another 10 possible designations adds much value. My guess is =
that=20
the most it does is to add more noise to the measurement.</DIV>
<DIV> </DIV>
<DIV>Katherine</DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A title=3Dadrich@gte.net href=3D"mailto:adrich@gte.net">Fred =
Richards</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Thursday, July 25, 2002 =
9:01=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> RE: [CANSLIM] Was =
yesterday's=20
rally for real?</DIV>
<DIV><BR></DIV>
<DIV><SPAN class=3D480074913-25072002><FONT face=3DArial =
color=3D#0000ff=20
size=3D2>IBD as we have more history. Also, it has less =
noise than a=20
large number of measurements.</FONT></SPAN></DIV>
<DIV><SPAN class=3D480074913-25072002><FONT face=3DArial =
color=3D#0000ff=20
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D480074913-25072002><FONT face=3DArial =
color=3D#0000ff size=3D2>To=20
make my point.</FONT></SPAN></DIV>
<DIV><SPAN class=3D480074913-25072002><FONT face=3DArial =
color=3D#0000ff=20
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D480074913-25072002><FONT face=3DArial =
color=3D#0000ff=20
size=3D2>There is a real question about pollution. Of course, =
homosapiens=20
have lived on this planet for a few years.</FONT></SPAN></DIV>
<DIV><SPAN class=3D480074913-25072002><FONT face=3DArial =
color=3D#0000ff=20
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D480074913-25072002><FONT face=3DArial =
color=3D#0000ff size=3D2>Now,=20
because we have the ability to measure things to the micron level, all =
of a=20
sudden many things are "thought" to be hazardous when in actuality, =
they have=20
been in the environment for eons and the homosapien has adapted to any =
changes. But suddenly, because we have the capability to =
measure, the=20
sky is falling. We have had mold, fungus, and the plague in our =
earth=20
since the beginning of time. But recently, a few lawyers have =
decided=20
that mold is dangerous to our health and now our homeowners insurance =
policy=20
premiums in Texas have skyrocketed. A little common sense is =
lacking in=20
the legal profession and our juries.</FONT></SPAN></DIV>
<DIV><SPAN class=3D480074913-25072002><FONT face=3DArial =
color=3D#0000ff=20
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D480074913-25072002><FONT face=3DArial =
color=3D#0000ff size=3D2>Yep,=20
I'm an old farmer. But if my corn fields look stressed from the =
highway, I=20
know that it is from a lack of rain and high temperatures. I =
don't need=20
a rain gauge calibrated in thousandth's of an inch and a thermometer =
capable=20
of measuring temperature in hundred's of a degree to tell me that the =
corn is=20
stressed.</FONT></SPAN></DIV>
<DIV><SPAN class=3D480074913-25072002><FONT face=3DArial =
color=3D#0000ff=20
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D480074913-25072002><FONT face=3DArial =
color=3D#0000ff size=3D2>The=20
same goes for many other aspects of life including the=20
market.</FONT></SPAN></DIV>
<DIV><SPAN class=3D480074913-25072002><FONT face=3DArial =
color=3D#0000ff=20
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D480074913-25072002><FONT face=3DArial =
color=3D#0000ff size=3D2>The=20
question is simply this . . . are large institutions buying or selling =
the=20
stock. We can tell that by simply looking at the number that =
hold=20
it. Did it increase or not? Sometimes, I think that =
we forget=20
to see the forest by looking at all the trees. </FONT></SPAN></DIV>
<BLOCKQUOTE dir=3Dltr style=3D"MARGIN-RIGHT: 0px">
<DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
size=3D2>-----Original Message-----<BR><B>From:</B>=20
owner-canslim@lists.xmission.com=20
[mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of </B>Gene=20
Ricci<BR><B>Sent:</B> Thursday, July 25, 2002 8:40 AM<BR><B>To:</B>=20
canslim@lists.xmission.com<BR><B>Subject:</B> Re: [CANSLIM] Was =
yesterday's=20
rally for real?<BR><BR></FONT></DIV>
<DIV><FONT face=3D"Comic Sans MS">Fred, IBD has A thru E, while DGO =
uses A=20
thru E with the addition of a Plus (+) or Minus (-) with their=20
ACC/DIST.... which do you use?</FONT></DIV>
<DIV><FONT face=3D"Comic Sans MS"></FONT> </DIV>
<DIV><FONT face=3D"Comic Sans MS">Thanks,</FONT></DIV>
<DIV><FONT=20
face=3D"Comic Sans =
MS">Gene</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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