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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: pvz who wrote (15252)	7/19/2002 10:38:17 AM
From: kodiak_bull	Read Replies (2) \| Respond to of 23153

I see now. I'm not always the quickest on the draw on these things (just ask DB). Just focusing on the NYSE chart for a moment, the unfortunate thing about the ADX line is that, while it can show you where you are, or were yesterday, it's hard to find the lines which pre-indicate the turn. Certainly the -DI crossing down below the signal line is a good signal for a bottom, but it appears to come after the bottom's in. Green line (+DI) below 10 seems to be the best the ADX can produce for bottoms. Just eyeballing your charts, it's harder to find the signals for tops. Looking over the RYL chart, it appears the first top is signalled by a -DI below 10, and that the +DI crossing down through the signal line is very early (I'm looking at May here): stockcharts.com[e,a]dbclyyay[dc][pf][vc60][iut!Ll14]&pref=G Anybody buying anything here today? Curbs are in on the Dow, Naz is headed back to the age of Marco Polo. Will we have to blast through the past this fall and experience the murder of Thomas a Becket all over again (1170) or simply back to the Magna Carta (1215)? Fwiw, I think we're just about at a summer bottom right now, although I'd like to see how the day plays out first. Kb