Replies to post #3600 on MDA - Market Direction Analysis (MDA)

[kevinb]

Actually Augie,

When I first looked at it I just compared the most recent part of the graph with my mental picture of recent chart action. Seeing it like this with the full COMP history, its quite perverse.

Sometimes the low on your PNPVO corresponds with a low, sometimes with a high. If you could redce the period perhaps we could look at that more closely. Its seems to be an interetsing indicator.

Regards


Kevin

[was Steve]

augieboo,
You have done it again. Where do you come up with these gems. i tried to graph the PNPVO on stockcharts but it didn't like the symbol. Firstly, what is it? this chart is not current. my guess is with thr and fridays action it is down around -22 and up we go for a few days. Second, if it is possible to do can you post a chart that will with both the comp and PNPVO on it like below that will update when you click on the link. I would love to have this bad boy bookmarked for my evening reciew of the markets. I think i already have 4 others that you created in there already.
thanks
steve