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Strategies & Market Trends : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?

To: Walkingshadow who wrote (1677)	8/3/2005 12:22:49 PM
From: J.K.	Read Replies (2) \| Respond to of 4814

Nice explanation Terry! --------- The way I'm looking at this market today is, number one, throw out all the oscillating indicators - they just don't apply in this type situation when the trend is so strong. For me, I look almost exclusively at S/R points and candle patterns, some momentum indicators (mainly MACD and ADX), and especially breath indicators and their MAs such as: stockcharts.com[w,a]daclyyay[dd][pc8!c12!f][vc60][iLa12,26,9!Li14,3]&pref=G stockcharts.com[w,a]daolyyay[dd][pc8!c12][vc60]&pref=G Anyone talking about the dailies, who is primarily focused on stochs or williams right now...I'm not sure they understand how/when those tools are used. ...off to the water park with the kids... J.K.