March 2005
Intermediate to advanced
264 pages
6h 55m
English
Maintain and keep track of the Nasdaq/New York Stock Exchange Relative Strength Indicator. (See Chapter 2, “Two Quick-and-Dirty Stock Market Mood Indicators.”) The stock market has generally produced superior rates of return in virtually all market sectors during periods when the Nasdaq Composite has led the NYSE Index in relative strength. In addition to the formal techniques for defining the position of this indicator described in Chapter 2, you might maintain MACD readings and moving average trading channels based upon weekly levels of this relative strength indicator.
Maintain and keep track of the Intermediate Monetary Filter, described in Chapter 2, which, like the Nasdaq/NYSE ...
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