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To: Cal Gary who wrote (6112)	12/9/2000 2:38:45 PM
From: Joe Krupa	Read Replies (1) \| Respond to of 14101

"To Jeff, I don't mind Wolf's number of postings. I look at it like a barometer of excitement. When someone has as many shares a Wolf in one investment, every dollar move is ... well, ... its r-e-a-l-l-y exciting. Calgary/Jeff, Just as house 84 (Independent Trading) is our MM (market maker) on DMX, I like to think of Wolf at our TM (thread maker). In essence, Wolf's gazillion posts provide liquidity to this thread -- he is always there to take the other side of a verbal transaction. Keep up the good work Wolf. Joe

To: Cal Gary who wrote (6112)	12/9/2000 4:49:02 PM
From: Montana Wildhack	Read Replies (1) \| Respond to of 14101

CalGary, I'm greatly enjoying this too and feel there's real benefit in honing the skills. I saw the belt hold but wasn't sure how to react to it. I believe you chose the friday white belt hold as your beginning point. Yes I did. I re-read Nison who said: "The first 3 candlesticks are similar to the upside-gap two crows but another black candlestick follows. If the next candlestick is white and gaps above the last black candlestick's upper shadow or closes above the last black candlestick's high, then buying is warranted. This pattern can have 2,3 or 4 black candlesticks." My mistake was to disregard the need for the upside gap 2 crow formation and simply make the inconvenient hanging man the 4th black candlestick. Maybe we should put TA at the top of discussions like this so people not interested can skip over? Thanks for the help. Wolf

To: Cal Gary who wrote (6112)	12/10/2000 10:50:35 PM
From: Joe Krupa	Read Replies (1) \| Respond to of 14101

CalGary "To all TAs: Did you guys look at the accum/dist line on DMX dailies for 1 year yet?? No comments so far. Check it out!!" I have to echo Wolf's comments on this. I have looked at the A/D line on both the daily and weekly chart and can only see one main thing stand out. That is that the line IS confirming both the direction AND magnitude of the price movement. At its most basic definition, the A/D line is a measure of conviction, or lack thereof, underlying the price movement. Even without looking at the line, it's been pretty obvious that the move in the past couple weeks has been with a nice degree of conviction. Another thing I noticed on the daily chart is that the down trend since June 1, was not confirmed by the A/D line, until the breakdown below $6 on TD selling (even then not in step with the magnitude of the price decline). On the weekly chart, we are now at an all time high, possibly indicating that the movement here is real and that the market has essentially given its imprimatur. If there is something important that you see, that I don't, please let me know. I continue to learn and would love to hear your take on this. Joe