Advane-Decline line
Started by
Taz
, Apr 14 2010 12:06 AM
6 replies to this topic
#1
Taz
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Posted 14 April 2010 - 12:06 AM
I leave everyone to make their own conclusions.
#2
atlasshrugged
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Posted 14 April 2010 - 12:22 AM
thats good stuff Taz...can you post a chart showing that index and ad line in the otcober 08 to april 09 time frame?
can you also show the chart form march of 2007 to november of 2007
thanks
#3
Taz
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Posted 14 April 2010 - 12:59 AM
Forgive the lack of formatting
#5
atlasshrugged
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Posted 14 April 2010 - 01:17 AM
thanks...
i guess the conclusion that i draw from this is the following
Australia is rich in natural resources so according to what is going on now while prices in the index is showing inflation the "armies" are retreating and my hypothesis of continued world wide deflation will
continue and this run up in prices is simply liquidity driven by the central banks and not true inflation
the difference between july 07 and now is our market was also starting to show a retreat of the armies and its not as of yet....
other than that they look the ominous
good stuff..thanks again
Edited by atlasshrugged, 14 April 2010 - 01:19 AM.
#6
Taz
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Posted 14 April 2010 - 01:28 AM
No worries mate.
Yes it is a bit of a quandry as to why the US isn't showing more internal weakness, especially since volume is not bullish.
Everything I look at is bearish. Just waiting on the crowd to realise that.
#7
fib_1618
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Posted 14 April 2010 - 07:28 AM
Two words...interest rates. Don't forget that the A/D line represents the amount of liquidity that's available for investment.Yes it is a bit of a quandary as to why the US isn't showing more internal weakness
And, of course, Australia's economy and banking/housing situation started off far different than the US.
If you need any help using Excel to set up the charts write me privately.
Thanks for the data...it's a really good example of how monetary policy can have the desired effect.
Fib
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