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To: Les H who wrote (2350)7/21/2002 11:38:50 AM
From: Les H  Read Replies (2) | Respond to of 29595
 
TICK Index

How a trading signal is generated:

A reading below –300 is considered as a Buy signal, a reading between –300 and +600 is indicating a neutral market and a reading above 600 is considered as a Sell signal.

This TICK Index Indicator is very reliable since it does only give signals at very extreme market movements. When a signal is generated, the market is often in a very oversold or overbought status and is due for a technical reaction which generates fast profits for traders.

5-day moving average

stockcharts.com[w,a]dallnnay[pc5!b5]&pref=G

3-day moving average

stockcharts.com[w,a]dallnnay[pc3!b3]&pref=G