tag:blogger.com,1999:blog-15495539.post7190924209155317858..comments2011-06-17T23:35:27.163-07:00Comments on The dk Report: Friday the 13thdkhttp://www.blogger.com/profile/14935428341758366207noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-15495539.post-73584414834985025482007-04-16T08:57:00.000-07:002007-04-16T08:57:00.000-07:00Hi Bill...Thanks for the comment, and Vita certain...Hi Bill...<BR/><BR/>Thanks for the comment, and Vita certainly makes great points. <BR/><BR/>First, I agree with him that it's way too early for tech. I have a ratio chart I follow that's probably worth posting with some notes about tech's "not yet". <BR/><BR/>Second, my time horizon is far shorter than 17 years! - lol. The current, short-term rhythms of both NAAD and NASI continue to be favorable for longs.<BR/><BR/>Third, with zero malice toward Stephen of course, there's arguably a mild amount of "torturing the data" at play here. Hidden in plain sight is the fact that if -- during the 17-year chart period -- you used cumulative NAAD as your only tool, you would have missed out on all but tiny sliver of the action. There's obviously comething else going on here. Fortunately, investors don't have to know what that is to trade profitably.<BR/><BR/>As always, thanks.<BR/><BR/>Daviddkhttps://www.blogger.com/profile/14935428341758366207noreply@blogger.comtag:blogger.com,1999:blog-15495539.post-25667767162147808402007-04-16T08:14:00.000-07:002007-04-16T08:14:00.000-07:00Great collection of charts, dk.On a somewhat relat...Great collection of charts, dk.<BR/><BR/>On a somewhat related note, I don't know how long your NASDAQ time horizon is, but if you get a chance I'd be interested in hearing your comments on what Stephen Vita has to say about the long-term $NAAD charts in <A HREF="http://stephenvita.typepad.com/alchemy/2007/04/breadthschmeadt.html" REL="nofollow">"Breadth/Schmeadth..." at The Alchemy of Trading<BR/></A><BR/><BR/>Cheers,<BR/><BR/>-BillBill Lubyhttps://www.blogger.com/profile/01241003017364820134noreply@blogger.com