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Strategies & Market Trends : Charts & Scans -- Ignore unavailable to you. Want to Upgrade?


To: Ron who wrote (810)10/1/2001 7:26:39 PM
From: robert b furman  Read Replies (2) | Respond to of 5125
 
HI Ron,

You are on to it - both indicate an increase in Moneystream.

Now IF my scenario unfolds as anticipated - price will drop to retest the lows:

Orcl - 10 1/2 - 11
Rhat - 2 1/2-3

As these prices prove to be support - Moneystream must not dip it must continue to become more positive.

Note: I refer to moneystream which is a proprietary term as utilized by TC 2000 - Worden Bros.

Although it appears to be slightly different from your source - I think it tracks the same concept - money coming into the stock vs leaving.

TC2000 also uses a concept called TSV - time segmented volume - this indicator also diverges at the retest time.

I think what we try to get a feel of is institutional purchases. This is what really drives the market.

So far we've had a nice Rally followed by a confirmation day that also had an increase in volume. The next step is a leading sector and individual stocks that breakout and provide leadership.

What I'm trying to do is time the last safe purchase that can be done at the bottom.It's really just a concept that hopes to couple up with good luck.gggg

You might want to try TC 2000 - they have a thirty day free trial?

Bob



To: Ron who wrote (810)10/8/2001 10:23:01 PM
From: John J. O`Reilly  Read Replies (1) | Respond to of 5125
 
Hello Ron,
Please post instructions here on how to take a screen photo of a TC2000 chart so I can then move it to My Documents photo file. Then I will be able to load it up into my yahoo briefcase photo section for later posting here.
Thanks, johnnyo