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


To: da_cheif™ who wrote (3378)7/17/2001 7:09:43 PM
From: dospesos  Read Replies (1) | Respond to of 8150
 
man o man that is the truth. clx 30 topped (my hand done one) on 5/18-5/19. went straight down until 7/10 and is already up a bunch from that low. you could just trade mutual funds with this thing and forget the bloody spooz...,,nah i gotta trade spooz as the track is closed a lot,,,,LOL



To: da_cheif™ who wrote (3378)7/17/2001 11:25:44 PM
From: j42231  Respond to of 8150
 
Cheif--the CLX looks to be great for swing trading............

Here is an update on the CLX 30 day offset chart.
I have arbitrarily based the buy and sell signals on a price move through the zeroline from above (sell) or below (buy) +/-10.
Projected are the future offset lines to be subtracted--calculated as if the CLX is unchanged from today.
There seems to be wonderful cyclicality here--last Thursday's rally when the plus 17 was dropped as an example--and note the contracting
triangle forming with an apex about two weeks out:

members.home.com

With the exception of this last buy--signals seem to be very timely. A second buy signal has been issued with no intervening sell--and we are back to the same price area where the original buy was triggered.

I am anxious to see how this one will play out.......

Joanne