Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Techplayer who wrote (37204)	4/20/2003 1:32:09 AM
From: PuddleGlum	Read Replies (1) \| Respond to of 57110

ADX and I don't communicate particularly well, so I have ceased associating with him. Jorj And gypsees should continue to be our guides in matters of ADX.

To: Techplayer who wrote (37204)	4/21/2003 7:56:57 AM
From: gypsees	Read Replies (1) \| Respond to of 57110

Re: the ADX... This is an indicator I have only recently added to my study so I am not 100% in my conclusions about it. Having said that, COMPX, SOX and ALTR have all been flatlined on the daily until Friday which saw them get a small boost. Given the move, I would have expected more. On the hourly they all to varying degrees "may" be topping. COMPX looks stronger than the SOX. So basically it seems to me that the daily ADX is not confirming the uptrend on the lower time frames. That doesn't mean it won't turn up today on the daily but my personal bias is for a pb. I did have some other comments but just realized I am missing Thursday's data from my charts....grrrrr....... This may skew my ADX so I suppose this whole message was a waste. Jeez... Must be Monday ;o)...