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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Steve Lee who started this subject4/22/2002 5:24:11 PM
From: Jeff  Read Replies (5) of 99280
 
i'll tell you what....

its getting real painful reading this thread and watching these bulls catching falling knives all day long....

all you need to know is a few little T/A basics to keep the money in your pocket...and out of the crooks pocket...

i hope you all get my chart when you post on this link....

stockcharts.com[h,a]daclyiay[db][pb9!b13!b20!h.02,.20!b200!b150!b50!f][vc60][iUb14!La8,17,9!Lh5,5!Le5,10,1!Li10,10!Lp14,3,3!Ll14]&pref=G

first off....i use 3- stochastic settings....slow 5-5...fast...10-10....full 14-3-3....ALL THREE WERE ROLLING OVER LAST WEEK.....anybody in their right mind would not be buying seeing all 3 of these stoch signals rolling over....THATS A SELL SIGNAL....the slow and fast were overbought at breakdown....

the MACD....is still under 0...thats a sign of weakness....and now its starting to look like it will turn down more....rolling over under 0 is bad news....and thats one of many confirmations i have this markets going to 1400's before a summer rally....

PPO 5-10-1.....great indicator....when it crosses above 0...and heads up....you think buy.....when it rolls over and starts heading back down to 0 or below....you better run..:-0

its rolling over....

ADX-14....things to watch....green line heading down and red line heading up....prices are going down....

red line going down...green going up...prices going up....

you can watch for bottom and tops using this.....

when the red line is buried at the bottom around 10....you are nearing a top and better think about selling....or think about taking a short....

when the green line is buried at the bottom around 10....you are near a bottom....and get ready to look at a buy.....

right now the green line is turning down...and the red going up.....and the green line can still go much lower during a bottoming process.....so just seeing that green turn down and red turn up a few days ago told me i BETTER NOT BE BUYING HERE....

these are just simple little indicators you can use....and they can help you so much its unbelievable.....

i can't believe i'm watching folks on these boards getting killed with these simple little signals sitting on a chart for all to see....

i'll say this.....you learn these simple signals and you won't be a blind sheep following some very bad calls made on this and other threads.....

sometimes i wonder what folks are looking at on some of their long calls.....:-)
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