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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (6649)9/8/2002 2:09:34 AM
From: Jeff  Respond to of 30712
 
anything under .30 is all the same......all i want to see is .30 and under or over 5.....

i'll do you a favor here...heres a lesson in voodoo turns...

amanita.at

for this quick lesson....just look at "helio 360" and "geo 360".....

notice the aug 6th date......i talked about that date in may here.....big turn date was obvious.....

ok....it turned out to be a "strong up" move....straight line down off that aug 6th is a continued trend.....this one was an up....

ok...now at the bottom of that line coming off the 6th you see a little "hitch" move....thats a trend change....

ok...its obvious that was the selloff from the 1426 top.....you can see it heads into sept....and we sold off here into sept.....

ok...now look at the "geo" from 9/1....it shows a straight trend that looks like it last till the last week or so of sept....ok....the trend from sept 1 started down so that straight trend line is a down and leads till the last weeks of sept.....

ok....back to "helio".....

looking near the 9/1 zone you see the down from aug still....

but you see another "hitch" area....a little trend change zone....thats likely the up we just had friday.....you can see its just a little hitch...so this up should be small.....cause then you see another hitch that turns sharp and straight to 9/24.......

ok....that 9/24 is likely the end of that big straight down you see on the "geo" from 9/1......

to sum up......"geo" shows a trend off sept 1 that last to sept 24....so far its a downtrend....

helio shows the little hitch of a countertrend move that is likely the one we are in now before more down into the 24th....