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To: Moominoid who wrote (196)9/3/2005 1:29:41 PM
From: skinowski  Read Replies (1) | Respond to of 656
 
look for turning points based on other TA indicators and if the E-Wave confirms that will be good.

I always liked this idea... Many things can help - for instance, drawing simple channels. This way you can't help but see which way the action is pointing... -g.

Btw, on the weekly chart of $AORD there is a very clear divergence on the MACD. Wouldn't be so certain that the bull market is still on... it might be getting tired.

stockcharts.com[p,a]waclyyay[df][pb5!b13][vc60][iLa12,26,9!Lh14,3]&pref=G