Friday, January 26, 2007

Correction to Advancing Issues Post

A few days ago I commented on the NYSE advancing issues indicator. Dave has pointed out to me that the data shown in the corresponding chart was incorrect. In fact it was so far off for a couple of days that my original comments were well off-base.

I have added an opening paragraph to that post in italics. The chart at the top of the post shows the correct data while the other chart is the one that originally appeared with the post.

Thanks, Dave !!

1 comment:

Anonymous said...

Does that change the timing of "I estimate that the top of the rally at point 23 will occur in late March and the "right shoulder', point 25, in mid-May." ??

Thank you