glazerps |
Gold User, Member, TeleChart
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Registered User |
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Thursday, November 4, 2004 |
Thursday, January 6, 2005 5:15:28 PM |
5 [0.00% of all post / 0.00 posts per day] |
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Hi Doug H:
Superior video and response to my RS questions.
Thanx Dr. Glazer
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GREAT ANSWERS
THANX SG
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My data (graph line) and that of tech support when done with me is that the relative strength indicator graph line and the industry comparison line when applied to the same price chart directly from the analysis drop down menu are uncorrelated? Looking forward to custom stochastics insight.
Thanx SG
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I am plotting the Relative Strength indicator (graph) from the indicator box or the indutry analysis dropdown menu (named as such on the TC quick reference card) and I am plotting the comparison to industry from the industry analysis menu dropdown box - first line directly under the stock symbol. In other words "YES."
SG
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I have been unable to get an answer from tech support or Don Worden on the following two questions.
1. I am unclear of the Relative Strength indicator graph meaning/interpretation when plotted on a price chart verse plotting the industry comparison (second line from top & clicking on plot industry comparison). First, when the RS indicator graph is higher than the price chart does that mean that the industry is outperforming the stock, The manual explanation (especially the last line on of it) seems to imply the opposite, i.e., if the industry is higher than the price chart the stock is outperforming the industry? Secondl, when I plot the industry comparison (second line from the top) there is no correlation with the relative streength graph? Also, when making the industry comparison visible dies it matter whether I do it by editing the price chart or by clicking on the industry group (second line form the top)?
2. I have been spending a lot of time trying to understand the 10/26/04 DW report custom stpcharstics template indicator. I can't seem to find crosslovers with Sir Knowledgeable's closed and open formulas. I am using 13 as the close and 3 as the period smoothed moving average. Also, he suggests 13 for both the close and open stpchastic? I am particlarly interest in this custom stochastic as a stop loss aid as mentioned in the report.
I would be grateful if you can clear up mY confusion on the above two issues.
Thanx Dr. Glazer #542679
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