Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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To: Vendit™ who wrote (44177)	1/18/2013 9:53:14 PM
From: Joseph Silent	Read Replies (1) of 218635

Hi Vendit ..... I suppose I ought to be a more careful with terminology. I meant something very simple (and I think I picked the phrase up from some TA guru) . Oscillators (a class of indicators) go up and down. Think of going up as being set, and going down as being reset. You already know the meanings of these things. So I was being simple-minded. It's another way of saying overbought and oversold. Language is such a problem in communication. I think the majority of communication fails because (a) people assume they understand one another when (b) they really don't due to umpteen reasons (background, conditioning, different meanings, assumptions, etc). I hope I did my little bit to help. Sorry about the casual terminology. :)

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