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


To: da_cheif™ who wrote (6542)10/29/2001 8:11:19 AM
From: moorso  Read Replies (2) | Respond to of 8150
 
Cheif,

U made a comment over on Wollie Woild I thought was very important. That is that the 30 clx has to spend as much time above the zero line as below. That to me means that the inventories must balance out over the course of time. Just as it seems the 3 day clx and aydis must do the same. If I read this right, this is veddy powerful stuff as it projects the future based on past action.



To: da_cheif™ who wrote (6542)10/29/2001 1:49:23 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 8150
 
Cheif,

I'm wondering, is it necessary that the aydis to be above and below the zero line for an equal period of time or is that just a theoretical postulate? TIA

GZ



To: da_cheif™ who wrote (6542)10/29/2001 10:35:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 8150
 
-7...-8

Okay forget the 30d aydis

For the last two weeks the 30's have been pushing towards 0.00
thursday and friday the 30dma clxpp was actually peaking into daylight

Same time frame the 10dma's have all been pushing up roses falling away from 0.00 and into one of bin bin's caves

What does this tell ya...? To me it suggests the market is going to give back something

also over the last two years the 30's have spent more time under 3.00 then over 3.00.., another measure of the buyers resolve. I'd guess it was just the opposite in 98 and 99.