RE:MORIARTY GIVES DSI - IT'S 14!El presidente Bernstein is no slouch. He was psychiatrist that became a commodity trader.
He wrote an excellent book about trading and shows a lot of flaws we have in trading.
I listenend to many a interview with him in the 80s.
Everyone that trades (not invests) are constantly looking for entry and exit points and will
have a number of indicators. Most have a sentiment indicator of one sort or another. Most
generally at least look at the RSI or relative strength indicator. To have a daily one is to
say you are very active trader and are probably trading gold or at least a proxy.
My proxy in the 80's was one company that QH used to work for but I knew many that
used ASA. ASA was DeBeers,and gold interests and a lot different company back then.IKE