today's chart Message Board

STOCKTALK

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Strategies & Market Trends : today's chart

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To: TechTrader42 who wrote (500)	9/4/1997 12:29:00 PM
From: Chandler H. Everett	of 1267

Brooke.......that's the whole point......you WANT it to be an indicator that turns down (or up) too soon. You don't trade with it so much as look at your other trading indicators in its light (or shadow, as it were). I've been looking at it enough to discover that it can turn back in the original direction again while the stock is continuing on its merry way. That only re-confirms the strength of the overall stock direction. It just allows one to be cautious as a stock continues higher or lower. Sorry....not the holy grail yet. BW Chan

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