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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: William Epstein who wrote (12254)6/19/1999 2:03:00 PM
From: Dennis V.  Respond to of 27311
 
This link seems to confirm Bill's view, perhaps one of our chartmeisters can clarify.

askresearch.com

askresearch.com

Just dial in VLNC and select chart(s).



To: William Epstein who wrote (12254)6/19/1999 6:41:00 PM
From: Pallisard  Read Replies (2) | Respond to of 27311
 
Yes Bill, using the default parameter of 13, the money supply certainly dips, but using 15 it's relatively unchanged. I've never used this site before.

If you set up the MACD (default 12-25-9) and stochastics (15-5-5), you'll notice a beautiful correlation, when they're both at the bottom of their cycle, to the following bull move, and that's exactly where we are now, at a cycle low. I believe that relates to your observations about the dips and spikes.

I tend to modify the defaults over a range for a particular indicator; it induces a more circumspect conclusion.

At any rate, it looks as though a positive trend is imminent. However, I still don't think there will be a spike down before this happens.