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Pastimes : Ask da_cheif -- Ignore unavailable to you. Want to Upgrade?


To: Smooth Drive who wrote (772)4/1/2001 11:10:20 PM
From: da_cheif™  Read Replies (3) | Respond to of 8150
 
simplisticly...wat ur seeing by using the clx pp is the accumulation or distribution phase begin at its earliest stage....best measured by the differential of the the 2 clx.s on a 3 day MA ..once the 3 day ma of the net difference of the 2 clx.s exceeds plus or minus 3 u then u know that once the 10 ma runs out of offsetts u can usually count on a turn....it helps when the 30 day ma of the clx.s also runs out of the neg or pos offsets...in the recent upturn notice that the dow exploded 800 points and friday was the first day of a positive clx a plus 1....that is called ease of movement....which means that the dow has the potential of going up very big till u run out all the offsets....