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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Sharp_End_Of_Drill who wrote (10226)5/30/2002 5:13:06 PM
From: chowder  Read Replies (1) of 206325
 
Sharp, you ole' closet technician you!

>>> A feel for investor mood is also useful, but more of an art than something seen in charts. <<<

Candlestick charting is exactly that. It measures the mood of the buyers and sellers, the psychology of the market, if you will.

Where you wish to experience a feel for investor mood, we also have a couple of technical indicators that do exactly that. The ADX and CCI measure the mood. The ADX measures the mood between buyers and sellers, the CCI measures the mood of the overall market.

If you'll give me a ride on your motorcycle, I promise I won't tell anyone you've been unconsciously using technical indicators.

dabummy
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