Replies to post #37907 on A.I.M. Users Bulletin Board (AIMUSERS)

[Toofuzzy]

Somehow I had the right understanding of the risk and direction but not which was thecweekly data and which was the moving average.

Toofuzzy

[SFSecurity]

Hi Tom (OldAIMGuy),

Hi Toof, Re: v-Wave...................

The v-Wave is a calculated value based upon new weekly data and the residual of the previous data. In other words, it's a smoothed (or moving) average of the data.

Is the vWave a replacement/improvement on the Idiot Wave?

Thanks,

Allen

P.S. I've been reading a lot of the old posts and now I know where Vealie comes from.