Thermo Tech Technologies (TTRIF) Message Board

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Technology Stocks : Thermo Tech Technologies (TTRIF)

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To: DDS-OMS who wrote (3997)	4/22/1998 5:12:00 PM
From: Casey	Read Replies (2) of 6467

Gary: Fwiw, one intermediate term technical indicator that I have found very, very reliable is the moneyflow (or accumulation/distribution) indicator. If you go to the url here, input ttrif, change the period to 90 days then scroll down and click only on the moneyflow indicator and then look at the chart and home in during the month of March 1998, you will see a bullish divergence signal that I find works 90+% of the time in a quick price pop. cbs.marketwatch.com The price from the end of February to the end of March was heading down and the moneyflow was heading up. This is a trader's dream IMO for a quick trade on a price pop. I've seen it work, both up and down (i.e. bearish divergence)dozens of times. It's a reliable signal if price is moving steadily over a few weeks, either up, down or horizontally. It in fact gave me confidence to add to my TTRIF position. When I retire I'm going to fish for this formation to supplement my comfort in my geriatric years.<g>

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