Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: TimbaBear who wrote (20221)	7/15/1999 8:09:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

TimbaBear: What does the oscillator above your semi-log track? That is a private formula, but I will tell you that each oscillator is comprised of two moving windows each containing one time shifted formula. what do these charts tell you about MSFT? I put out a “break down” of my charts usually once per week on Sunday evening on the But What Do I Know Page on the MDA Web Site. I can't take the time to break down what each and every indicator on each chart is saying, but I do usually hit a few things on each once a week and they vary. If you read this each week, it will give you and idea of what I am getting out of my charts and how to read them. The charts are a whole of all the parts and need to be interpreted as such. As far as MSFT is concerned, the chart told me it topped in April and that the pullback was just a consolidation and that it would head back up. And, that a confirmation of this expectation would be a break above the upper falling resistance line. Also, my sht/med-term osc also supported this expectation as it began to set higher lows and highs suggesting that moment was going to be to the upside. Also the long-term trading channel began to round up suggesting the last test of the lower trend line of the falling wedge had already taken place. When the price action moved above the centerline of the long-term trading channel that was a strong hint that the next test of the upper trend line of the falling wedge would most likely prove to be a break above, especially as the centerline moved above the 50-day SMA. No there is much much more I could tell you about the chart as this was not close to half of what I see, but it should give you a brief idea. I was not trying to be quaint with my reply, I just did not read your post thoroughly…once again I am running on empty in the sleep department. <g> In addition: I have changed the “featured stock chart” this evening to GE, but if you would like, I can make it the chart for tomorrow and you can see what I am talking about if you refer back to this post. I would also suggest you read my BWDIK page it will over time help you to understand my charts….I think? I hope that helped… Regards, LG