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Strategies & Market Trends : Trading DiNapoli Levels

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To: Craig who wrote ()1/20/1998 8:14:00 AM
From: Craig  Read Replies (1) of 15
 
Looked back at MOVA and decided that it was not fufilling the weekly double repo I was looking for. Will cover unless this mornings action is significant. Next up to bat is ADGE (long):
ADGE DiNapoli checkoff:
-retraced to a confluence at 6.5
-Weekly MACD up
-fading weekly Stoch.
-detrended osc. oversold
This will be a "bushes" buy today. Unless things start off bad today.

Something I have found with this system. Being still new to me and a subjective system, I can sometimes see something that really is not there. Mostly because I want it to be there. It has helped me to go back to a chart before I make a trade and ask the question, "Is that really happening?". Not as easy as looking for crossovers, or certain defined levels.

Context!
Craig
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