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Strategies & Market Trends : Charts for Quick CASH $$$

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To: C Wright who wrote (4064)	10/7/1997 11:57:00 PM
From: Galirayo	of 9262

[ Indicators ] Hi, Carol. I give SAR and VAP and MFlow a lot of credence. SAR is usually Very accurate but not 100%. But like anything that's Airbourn you have to adjust for WindSpeed. I look to see how that one particular indicator has acted in the past on that particular stock. Look at the SAR in Sept on GLFD. GLFD didn't seem to be in a big hurry and went up a little more before it consolidated. Some Stocks simply won't conform to a particular indicator. Omni Trader and other programs will let you do a backtest of all the indicators to see which one is the most acurate on that 1 stock. And give an estimated Gain. I also try to look at a lot of other indicators to see if they agree. Hope that Helps, By the looks of todays Candle and move thru the SAR there may be more up on the way for GLFD. I can't find any thing wrong with it. It looks good. But with one like this I will look to make sure it's not a double top. I think it's got past it but .... I've been wrong before. Ray

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