Go to the Amazon.com link below for TIMING THE MARKET by Deborah Weir (Wiley, 2005).
Email: DebWeir@WealthStrategies.bz
Take her class at the NY Institute of Finance: nyif.com/courses/fimk_1014.html.
Friday, June 01, 2007
As Kumbu noted in his (her?) comment yesterday, the 3-mo./10-yr. spread finally normalized. The NY Fed's article last summer says that this is an important indicator: newyorkfed.org/research/current_issues/ci12-5.pdf.
6 comments:
His. Thanks for the pdf link.
Dear Kumbu,
The Fed paper is quite long, but the summary at the end is excellent.
Deb
Hello Deborah, and Kumbu,
I found the following historic study to be worthwhile and thought you might as well. Regards, Jim P.
http://www.websitetoolbox.com/tool/post/fib_1618/vpost?id=1934439
Dear Jim, What are UD and McSum? Deb
Hello Deborah,
The McClellan Summation Index is sometimes referred to as "McSum".
It is often plotted for NYSE Advances and Declines (A/D), and for NYSE Up and Down Volume (U/D).
The McSum indicators often provide an early warning in loss of momentum or confirmation that money flows are still healthy for the intermediate term.
I usually view the McSum charts posted at TechnicalWatch.com discussion board, and they are often posted there by "Mortiz".
Thanks for the sharing of ideas.
Best Regards, Jim
Deborah,
As of 06-08 $NYAD and $NYUD charts with MCSUM plots is posted at:
http://www.technicalwatch.com/cum07/
cum060807.htm
http://www.technicalwatch.com/cum07/cum060807.htm
Mostly indicating a pullback in an uptrend, as opposed to a reversal of
trend. Best Regards, Jim P.
Post a Comment