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--- In equismetastock@xxxxxxxxxxxxxxx, chris butler <timbuktu66@xxx>
wrote:
>
> M - C:
>
> Detrending is simply removing the long-term trend from
> a time series. To so this, simply write an indicator
> which subtacts a longer term moving average from the
> price. For example, c-mov(c,250,s) will result in a
> oscillator above and below 0 but is anything but
> smooth.
>
> Like you, I'm interested in knowing how others are
> using this indicator. Currently, I use the close
> minus a volume weighted moving average. Significant
> drops below 0 reveal "mispricing" or "value areas"
> since price is at levels singnificantly below the
> average price where most people bought (as measured by
> volume). The opposite condition indicates
> "overpricing" or "lack of value."
>
> Again, comments on how others use the indicator would
> be welcomed by me. Hope this helps.
>
>
> --- M - C <yourlaughing@xxx> wrote:
>
> > Hi there, would somebody have something that will
> > tkae
> > the bumps out and show the tops and bottoms, having
> > removed the trend?
> >
> > Kindest Regards.
> >
> >
> >
> >
> >
>
______________________________________________________________________
______________
> > Any questions? Get answers on any topic at
> > www.Answers.yahoo.com. Try it now.
> >
>
>
> "The gods, too, are fond of a joke." - Aristotle, 582 B.C.
>
>
>
>
>
______________________________________________________________________
______________
> Don't pick lemons.
> See all the new 2007 cars at Yahoo! Autos.
> http://autos.yahoo.com/new_cars.html
>
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