CI Staff .


Henry from FL posted over 4 years ago:

Very Helpful summary

Russell Abbott from CA posted over 3 years ago:

What studies have been done on these indicators? Without studies it is not very useful to list possible indicators. I could probably list a dozen possible indicators off the top of my head. Why should anyone pay any attention unless I provide some data that shows their effectiveness?

ANN Levine from NC posted over 3 years ago:

I agree with Russell that with out data it is interesting but I would not invest based upon it. For the VIX I looked at twenty years of weekly data and found no correlation between VIX and SP500 to forecast the next week's market move. There was a slight correlation between the SP500 and the next week's VIX's move though; so much for contrarian indicators.

Lee Dunn from NC posted over 3 years ago:

For a momemtum indicator, I have been experimenting with a "Rate of Change Oscillator." I note that in most of his books showing security charts, Martin J. Pring uses what he calls the "rate of change index" dividing the current value of a security by a past security value [divisor]; six months prior, one year, two years, etc. He explains the use of the index, but never explains why and what prior value is the most advantageous to be used as the divisor under varying circumstances. Stock Charts school also discusses the "rate of change oscillator" but they don't explain what divisor is the most advantageous either. Do you have any thoughts on the use and advantages of this oscillator, and whether one period for a divisor is better than another?

G Correa from VA posted over 3 years ago:

While i do not subscribe to the idea that financial markets are per se efficient, i do believe they have an intrinsic tendency towards efficiency, in the sense that if any market indicator is found to have predictive value, such predictive value will inevitably erode over time as an increasing number of investors arbitrage away its power by using it.

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