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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....
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To: Mike Sawyer who wrote (12130)12/11/1999 9:11:00 PM
From: Rashid Garuba  Read Replies (1) of 59879
 
Mike,

With Mark around you need no books on ADX. I think if you are looking for just one stock to trade (short or long), I stay with stocks that have 30 ADX and rising steeply. This simply means the trend is so strong you could survive even a bad entry.. Use SI charts to look at any stock that has managed amazing uptrends for long periods with very small pullbacks and you'll begin to see ADX at work.. MCOM, CMRC, PUMA come to mind.. CCUR also.

As a topic ADX is not enough to justify buying a book.

%R seems to be quite good at forcasting reversals.. How do you use it?

Rashid
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