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Registered User
Joined: 2/8/2007
Posts: 39
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When Money stream is in the top window is it scaled to the same scale as the stock?
In today's notes(6-20), DW indicated that MS was in a downside divergence for Q. If it is scaled to the same scale as the stock, what is the significance of MS bottoming recently in the $8 range while the stock was still trading in the $9.75 range?
Thanks as always
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Registered User
Joined: 1/28/2005
Posts: 6,049
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Its on its own scale.
Thanks
diceman
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Registered User
Joined: 2/8/2007
Posts: 39
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Given it is on it's own scale, there is no significance to the deep drop into the low 8s. the only significance is that there was a large drop and a divergence to the price?
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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The scale is for price, not MS. The MS values are meaningless anyway. It is how MS relates to itself that matters.
- Craig
Here to Help!
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Registered User
Joined: 2/8/2007
Posts: 39
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MS appeared to have dropped more significantly that the stop in the example sited above. Is that larger drop what created the downside divergence?
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Registered User
Joined: 2/8/2007
Posts: 39
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I meant stock price not stop.
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Registered User
Joined: 12/21/2004
Posts: 902
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mjwilt - if you go to the Help section and read up on MS and TSV, Mr Worden talks about how he likes to use MS by setting it up in a different window from price, and in the setup box, checking the box that draws regression lines. What this does is draws a 100 day and a 30 regression line on both price and MS. And it's then visually easy to compare the slope of the lines to see divergences.
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