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Strategies & Market Trends : Paint The Table

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To: Jorj X Mckie who wrote (6163)	12/12/2001 4:07:22 PM
From: John Pitera	Read Replies (3) of 23786

Tom, TLC and the rest of the gang, I'm interested in your perspective on the 3 charts I've got linked below. I've got some thoughts but am interested in additional perspectives. Here a 3 charts of the SPX and the NASD that are looking at Welles Wilder's research with the ADX and the directional Movement + and - indicators. In his landmark book, 'New Concepts in Technical Trading Systems" He says in section IV of the book that he has probably spent more time studying directional movement than any other concept. He was very happy when he came up with a specific mathematical formula. johnpsmarketlab.netfirms.com (these are big charts and to see them all on one screen resize your browser to 1280 x 1024 pixels or 1152 x 864 pixels. go to an empty part of your desktop and right click, select Properties and then Settings)

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