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Strategies & Market Trends : Technical Analysis- Indicators & Systems
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To: SteelBlueIce who wrote (733)4/20/1997 5:18:00 PM
From: SteelBlueIce   of 3325
 
Some ideas for DNS, Dave's New System.

If a stock has a rising DNS generally from below 5, it will usually become oversold when it it hits 8.

Dave recommends sells on 3, I like 5.

One set up I like very much is to wait for DNS to hit 8, then I wait for it to come down and base at 5 without ever going below 5. Using other indicators and support and resistance I will enter on a up turn from 5.

Paper trade it on a few, let me know what you think.
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