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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID

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To: Roader who wrote (977)6/11/1997 11:30:00 AM
From: Vestor   of 1762
 
Where are the gurus? I'm getting acquainted with Metastock 6.0 and pulled down the ADX indicators. With a 14 day setting (default) +DI is 35, - DI is 11, ADX is 24 and ADXR is 21.

The crossover "buy signal" was on June 4th, for this setting (14 day).

Metastock's on-line interpretation help is minimal and I don't have Wilder's book on the subject. Maybe if there is a "guru" out there he would like to tell us what those various adx numbers say about "an expected move above 26."

All I get out of Metastock's brief explanation is that if the 14 day +DI and -DI are used, it was a "buy" on June 4th and is currently a "hold."

v.
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