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#11 CLK

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Posted 05 September 2018 - 04:36 AM

One should not look at the NYSI in that way. It's more like a speedometer that measures how hard you push the gas pedal. The old highs are irrelevant in historical context and convey no useful information.

 

My 2 cents..

 

I don't think it's useful for anything.



#12 diogenes227

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Posted 05 September 2018 - 11:24 AM

 

One should not look at the NYSI in that way. It's more like a speedometer that measures how hard you push the gas pedal. The old highs are irrelevant in historical context and convey no useful information.

 

My 2 cents..

 

I don't think it's useful for anything.

 

 

Not useful for anything?

 

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#13 fib_1618

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Posted 13 September 2018 - 10:42 AM

One should not look at the NYSI in that way. It's more like a speedometer that measures how hard you push the gas pedal.

 

Point of order...the McClellan Oscillator is an accelerometer (similar to a speedometer though it measures proper acceleration as opposed to actual speed)...the Summation Index gives you a cursory view of how this same velocity factor in investment capital translates in visual form (the stimulative daily difference of this same rate of change).

 

Fib


Edited by fib_1618, 13 September 2018 - 10:56 AM.

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