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Replies to #43 on The Darvas Method

MechanicalMethod

12/05/02 7:15 PM

#44 RE: augieboo #43

I've never fooled around with vol much but just did some simple subtraction and Advancing minus Declining equals the nasdaq net $ADDQ. It follows that

+1 for 1 advance.
-1 for 1 decline.
0 for 1 unchanged.

equals the same without considering the zero for unchanged issues. Essentially each type is assigned a weight from -1 to +1 with unchanged issues assigned a weight of zero.

I might be wrong about that.