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To: sea_urchin who wrote (14491)6/22/2002 5:54:22 PM
From: sea_urchin  Respond to of 81868
 
Bob, previously I mentioned that I couldn't find anything on the ADX at Stockcharts, I was wrong. There is something.

stockcharts.com

Here's some more info
paritech.com
linnsoft.com
investopedia.com
e-analytics.com
paritech.co.uk
tradertalk.com
paritech.com

And, after reading all this, it seems if the ADX is over 40, which it is on both gold and the XAU, one should anticipate that the trend will be ending. So, maybe, one should be more circumspect about the gold stocks.
stockcharts.com[h,a]wacayyay[de][pb10!d20,2!f][vc60][iLl14!La12,26,9]&pref=G
stockcharts.com[h,a]wacayyay[de][pb10!d20,2!f][vc60][iLl14!La12,26,9]&pref=G

Anyway, as I have said before, there's nothing else I would rather invest in so I'll just stick around!

So much for TA!



To: sea_urchin who wrote (14491)6/22/2002 6:01:04 PM
From: kirby49  Read Replies (1) | Respond to of 81868
 
If you think it is worth it when you've read it let me know. Then you might try my favourite.

amazon.com

Being an expert as you are mostly comes from having eyes wide open and using common sense. Hope Tom hasn't been blinded or had senses used uncommonly since his departure.

As for the 40, it can go much higher and sustain it for periods at a time. The more important number is 20 as if it is below this it may not be trending and therefore sideways, use stochastics, or above 20 trending and use MACD.

Think I might go hit a few balls at the driving range. If I don't return it's because I learned to drive a 300 yard draw.