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Strategies & Market Trends : NASDAQ SP DJ OEX INDICES TA ONLY!

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To: John Pitera who wrote (30)5/12/2000 7:50:00 PM
From: IndexTrader   of 93
 
John,
Just a few thoughts on T Theory. I like it because it is simple.
ttheory.com
He feels the advance can only last as long as the previous cash buildup and he uses lots of different timeframes.
ttheory.com
These charts are pretty old, but you get the idea. He uses the AD line and an AD oscillator to measure the consolidation phase. The right side of the T is where the $ is made. For this time frame, all the T's have run out and until the AD line makes a bottom, no new T's are possible. He does lots of other studies and posts them to his site....interesting guy.
See you after the weekend.
Susan
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