Question on B10 Signals

Hi Mike,

I understand that $COMPQ is the key index, but I am keeping the MEM counts on $COMPQ, $NYA, and SP500.

SP500's RD was Jun 5 and FTD on Jun 29, and the Buy Switch has stayed on sine Jun 29.

The various DD's that occurred in mid-Jul are starting to age out of the count and one was exceeded by +6%.

B10 occurs when we drop to full distribution (+6 DD's) - minus 2.. or, 4 DD's ... Do we also count a B10 signal if the DC moves from 4 to 3... or 3 to 2 .. etc.. ?

Or, is B10 only counted once and reset if we get back to 5 or 6 DD's, subsequently.

Thanks,

Shawn

Shawn,

A B10 (Distribution Day Fall Off) occurs when distribution gets to 5 or greater and subsequently falls to +4. The index close has to be above the 21-day and the buy switch needs to be on.

We don't count a B10 at any other context.