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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Cush who wrote (31591)3/6/2002 10:56:40 AM
From: Chris  Read Replies (1) | Respond to of 52237
 
adx is a lagging indicator.

imo.



To: Cush who wrote (31591)3/6/2002 11:04:38 AM
From: Chris  Read Replies (1) | Respond to of 52237
 
as an example of adx lagging, look at sept/oct 2001 for naz

adx (14) was high and falling.. while naz trended up..

only in late nov adx started moving up again..

just as an example.. i know T. Lo uses adx very effectively..

so it's a matter of personal choice.