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

To: Moominoid who wrote (5101)	9/18/2001 10:29:35 PM
From: da_cheif™	Read Replies (1) \| Respond to of 8150

its a candle in the dark...tells us we shudnt expect the end of da woild...

To: Moominoid who wrote (5101)	9/19/2001 8:25:09 AM
From: moorso	Read Replies (1) \| Respond to of 8150

Sorry to be so long getting back to you David, things here have been a bit hectic lately. I have found clx to be very gOOd as a timing tOOl, although I tend to lOOk at it in the short term. The best application for it seems to be in the intermediate to long term. My use for the clx so far has been to try to time short term trades. I have setup a system for trading off the ndx based on the clx, and even in these "knife catching" times, test results are pretty impressive I think (not counting the trap we all fell into last Tuesday). I guess the way I use it, it's a supplement to things like rsi, macd and the more generally recognized signals. But I dont see the clx as a signaling device as much as an accounting of stock inventory.....i.e. how much force is trying to reverse the trend in the stocks that make up the ndx as a whole. A peek into what is actually happenning in the markets. My feelings is that clx is a continuous learning process, and I suspect in 6 months I will see things that today I do not. A very powerful tool that gives you a chance to lOOk over the boyz shoulder and get an idea of wot they may be up too. Cycles seem to me to give you an idea of when a turn is imminent, but not necessarily in which direction. Clx seems very gOOd at determining direction but not always the day of turn. Just babbling from a rookie..... Cheers, mOOrso