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Strategies & Market Trends : TC2000 Users Technical Analysis Forum -- Ignore unavailable to you. Want to Upgrade?


To: RC Stein who wrote (2507)11/22/1999 12:25:00 AM
From: tewdwr  Read Replies (2) | Respond to of 3291
 
BOP & TSV do conflict at times. The key is to see which of TC2000 chart indicators lead and which follows. Then, what others can confirm the move. I use Stochastic as the primary, followed by Moneystream. Confirmation is TSV and BOP, MACD is last. Scans with TSV & BOP can give a headsup to a contrary trend coming. E.I., Price falling & TSV rising or BOP pops for the day and the other indicators don't signal. BOP is saying something. Time to watch Stochastic and Moneystream. I found that TSV, when it is in an uptrend and diverging from price, can signal an impending uptrend. Put the symbol in a Watchlist for possible purchase.



To: RC Stein who wrote (2507)11/22/1999 11:02:00 AM
From: CatLady  Read Replies (2) | Respond to of 3291
 
Richard & all -

I got both of the videos. I found the one on Moneystream to be very helpful. But even after the BOP video, I still haven't found much use for the BOP indicator. About the only time I look at BOP is on a stock that is might be bottoming out, if BOP is still red, I resist any thoughts of bottom fishing. OTOH, I have come to rely on MoneyStream and TSV as excellent indicators. Both are capable of showing meaningful divergences with price and MS is even, on occasion, a leading indicator of price.

CL



To: RC Stein who wrote (2507)11/22/1999 9:23:00 PM
From: Judy  Respond to of 3291
 
Hi Richard,

As I said, I watched the video and I think the trick is to look long term for an interpretation of BOP. It can take weeks/months for the BOP to talk <G> My confusion comes as to what to do when they are in conflict.

Glad you might have a chance to go to a seminar as the video says they will answer your questions there.

Good luck,

Judy in Maine