I think I know why the A/D line probs - different base data leading to the apples/pears comparison?? Laundry uses % change in equity price as a base and I think we're using eod price?????
Last night I went back to Laundry and Kondratiff (who's work provided the springboard for Laundry's work) and I'm going to have a look at Carver.
To work out logical next steps is going to require far more thinking time than I have available atm as various assorted grandchildren are a priority until February.
So I'm going to put this on hold until Feb....
If anyone else can take it further in the meantime - please post.
What would be really great is if someone can provide/derive % monthly change prices in XJO and XAO data (or a link to) from 1982 - current.
cheers
Lekki
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I think I know why the A/D line probs - different base data...
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