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Strategies & Market Trends : P&S and STO Death Blow's

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To: 4rthofjuly007 who wrote (507)5/17/2002 2:57:48 PM
From: h8_2_b_l8  Read Replies (1) of 30712
 
4th, I watch them but notice they can be skewed through gaps.

+/- DI crossover's usually show "who's in charge", and according to the charts the buyers are in charge as of the big gap up a couple of days ago.
stockcharts.com[m,a]daclyyay[pb50!b200][vc60][iUb14!Ll14]&pref=G

The thing I'm keeping in mind is that the indicator gave the crossover signal because of the gaps and gave a false signal since the multiple gap-up's don't create "real" buying from one level to another, only sustained buying at a particular level. Your random gap I would consider normal but the excessive amount of gaps we have had lately I would consider an anomaly.

I would compare this +/- DI crossover with that of March with the gap island reversal.
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