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Re: [RT] Nyse Breadth Model Daily



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Earl-
 
Please I was wondering if I might get your perspective on an issue.  I note you use McClellan's work to some extent; which 
uses paramaters of 19 and 39 in his Summation work.  This is probably somewhat of an inane question but have you found any better, practical results (regarding profitability) using 18 and 36 insead?  This question may merely beg a mute point.
Thanks for your feedback.
 
Chas
----- Original Message -----
From: EAdamy
Sent: Thursday, October 06, 2005 7:24 AM
Subject: [RT] Nyse Breadth Model Daily

Breadth model is suggesting some caution now. New hi/lo (upper right) has broken to new low confirming the break in the NYSE (upper left). The A/D issues (lower left) and A/D volume models have yet to confirm Wednesday's price low. The NYSE shows bigger volume bars on the past two days suggesting selling is accelerating on the decline. While odds now suggest a test of the major trendline (heavy grey), one can not rule out a reversal here on a bullish divergence on A/D issues and volume.
 
Earl


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