3 replies to this topic

[dcengr]

Breadth is 2:1 adv:dec on NYSE.. Was positive yesterday, and day before.. I continue to observe this to see where it will lead. There are theories that breadth leads price, and therefore, this will lead to eventual higher prices.. I assume the longer the divergence last, the bigger the reaction? I'm not a moneyflow guy. At this point, I observe and record. EDIT: I should clarify what I mean by indices... NYA and IXIC are moving up fine, the others.. like dow, s&p, ndx, etc are having problems.. so in that sense, NYa and IXIC are moving up fine relative to A-D.

Edited by dcengr, 30 January 2007 - 12:17 PM.

[slatedrake]

Hey dc, Where are you getting your A/D stats from? I noticed that the free site I was using is now a pay site, and only reporting NYSE, COMPQ, and AMEX for free.

Edited by slatedrake, 30 January 2007 - 01:25 PM.

[dcengr]

Hey dc,

Where are you getting your A/D stats from?

I noticed that the free site I was using is now a pay site, and only reporting NYSE, COMPQ, and AMEX for free.

Rest I construct using indexlab.. but only after close.

A-D data

Edited by dcengr, 30 January 2007 - 01:27 PM.

[dcengr]

I think I know why breadth has been so good of late... look at the RUT. Its showing strong relative strength to dow, ndx.. Someone maybe buying RUT futures to jack up the index.