March 2005
Intermediate to advanced
264 pages
6h 55m
English
Content preview from Technical Analysis: Power Tools for Active Investors
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Measures of Market Breadth
One useful measure of market breadth lies with the advance-decline line, a cumulative total of advancing minus declining issues on each of the various exchanges. You can start these cumulative lines from any level, using daily readings for daily-based advance-decline line readings, or weekly readings for weekly advance-decline line measurements.
For example, if you started an advance-decline line of the New York Stock Exchange at an arbitrary level of 10,000, and on the first day there were 1,500 issues advancing in price on that exchange and 1,000 declining (unchanged issues are not included), there would be 500 more issues advancing than declining that day. The advance-decline (A-D) line would advance by +500 units, ...
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.