Thanks for the link. Interesting indeed. I have calculated a similar indicator using Atc() and found it helpful in determine market turns. But I think some a high threshold (90%) would indicate an overbought condition and a correction in the next couple weeks. This correction could be short lived though.
On Mon, Apr 26, 2010 at 9:13 PM, Bob Waits <[email protected]> wrote: > > > This is not Amibroker related but an interesting story: > > http://bit.ly/aYI0Zz > > > > >
