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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (44296)10/29/1999 9:40:00 AM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Nope GZ,

Just something I try to do each day is figure MACD (using 19,39) on the 10 minute plot of 7 indicators: DOW-30, Tick, TRIN, Premium, TYX, VIX and SPY. If MACD is + (minus for TYX or VIX) I add one. If it is negative (plus for TYX or VIX) I subtract one. That gives me more of a feel of what the market was doing at the close... and it generally laps over to the opening. Globex also helps a bit... was up earlier this morning.

Obviously, it doesn't always work... but that can tell you something also.

Bill



To: GROUND ZERO™ who wrote (44296)10/29/1999 9:55:00 AM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
GZ,

That is TRIN, TYX and VIX are counted negatively...

right now, even with delayed quotes, the 10 min is flat and the one minute is plus a couple of points going more so.

That tells me the market may take-off again today???

Bill



To: GROUND ZERO™ who wrote (44296)10/29/1999 2:07:00 PM
From: Paxb2u  Read Replies (1) | Respond to of 94695
 
GZ,

You've been great with your calls. Besides the forks, do you modify that with any current market psychology? Or do you do strictly what the TA tells you? Thanks,

Peter :o)