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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: funk who wrote (4023)	9/15/1999 6:29:00 PM
From: Rick Faurot	Respond to of 18137

Last I heard from MBT, spoos volume is not available on RT until the close of the session. This may explain Oz' question as to why Teresa uses Emini vol. best regards, Rick ps. Since I started reading IS I have been using ADX. It is VERY helpful as it shows you when a trend is forming, when it is topping and when it is dying. ADX 30 is considered a key area. Below 30 is not trending, above 30 is trending, above 50 is heading for the decay point of the trend. I have seen a stock like YHOO run at 70+ ADX and continue trending higher, but you are talking about hurricane force winds there. Usually ADX of 60 will indicate that a trend turn is near.

To: funk who wrote (4023)	9/15/1999 7:04:00 PM
From: Rick Faurot	Respond to of 18137

For some more insights on ADX, check out the IS closing bell report: intelligentspeculator.com Don't forget to turn on the audio track. This closing bell report has become a regular stop for me. Very informative. Rick