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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (33524)3/20/2003 5:26:05 PM
From: Challo Jeregy  Read Replies (1) | Respond to of 57110
 
that is an extremely interesting chart, for various reasons -



To: Jorj X Mckie who wrote (33524)3/20/2003 5:38:49 PM
From: NOW  Read Replies (1) | Respond to of 57110
 
that is a beauty...still and yet, charts may not work if the PPT is working overtime. since they have declared they are, why should i doubt them?



To: Jorj X Mckie who wrote (33524)3/20/2003 5:42:06 PM
From: X Y Zebra  Read Replies (1) | Respond to of 57110
 
this time it diverges from earlier events as outlined by your doted lines:

1. price is moving above its m/a

2. stochastic is at around 50 (instead of peaking at, near or above its 80 level)

3. ADX: dragging all the way to 10.... meaning prevailing trend (down) is getting weaker.

4. +DMI just crossed -DMI (announcing a rend change ?) now we need a upturn of ADX to confirm and if it rises... strengthening...

All that seems bullish... so what about the earlier negatives... all of a sudden gone ? no, then does this mean a nasty and mean bear market rally in the making ?

now you tell me i am WRONG....

[please] -g