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


To: Jorj X Mckie who wrote (43480)7/6/2003 4:50:10 PM
From: Lazarus_Long  Read Replies (1) | Respond to of 57110
 
What is important is that when you have every single BP in the 70s, 80s and 90s, it is telling you that things are getting overbought. You don't have to wait for the BPs to turn to get cautious.

I'd agree with that. They're like looking at your speedometer BEFORE you see those flashing colored lights behind you. :-)

If you use DWA's BPs, the BPHILO and BP10MA (don't remember the exact symbol) or the BPOTC, they will tend to lead as well.
I assume they want $$$$ for access to those. :-(

You don't have to wait for the BPs to turn to get cautious.
Yeah. But when you're greedy.... :-)