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Strategies & Market Trends : today's chart

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To: Chandler H. Everett who wrote (499)9/3/1997 10:15:00 PM
From: TechTrader42   of 1267
 
It's sort of a CCI of CCI indicator, isn't it? I have plotted it, and it does give early indications of trend changes. Sometimes it's downright uncanny. But I find that in big breakouts with volatile small-caps, it turns down way too soon in some cases. I saw this with AMTX or AMES, for example. Did you find this, too? It seems to do well with stocks such as Intel, though. I'm going to play around with the indicator more, and try to come up with a system. Lately, I've been neglecting the research and development department, I'm sorry to say. I've just been sailing along with the formulas and systems developed after TAINJ, which have worked well with HB's ittle racing boats.
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