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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: The Freep who wrote (138259)11/4/2006 4:47:51 PM
From: Galirayo  Read Replies (1) | Respond to of 209892
 
Sure Freep .. Let me just start with the Daily .. It's easier to read ..

BTW: OSU is Kicking Butt Again .. 14 / ZERO ! :)

When the Red Down Line .. and Green Up Line .. BOTH move in Unison ... the Price action is depicted as a Sideways move.

When the Red Line is at either Zero or 100 .. and the Green Line is at 100 Or Zero .. in Maximum Divergence ... I look for the Trend to "Possibly Change" as they are at the EXTREMES.

The Prescribed Guidelines say to wait for the Red and Green Line to Cross to indicate a Change of Trend ... but that's a little behind the Curve if you ask me.

I'd Prefer to do my best to Anticipate. ... Max Divergence seems to work well.

In the case of SONS .. we have just seen Max Divergence .. and now the Red Down Line .. begins to move off the 100 mark while the Green Up is still at Zero. This is the Beginning of a "Possible Up Move".



On the Weekly on SONS .. not sure because I don't use the Green and Red Lines as much as the Horizontal Lines .... but to me it looks as if it's Coiling a bit here since the Green did not reach Zero and reversed before it arrived at the Max ... It also shows support on Horizontal .. [which conforms to Gann Retracements and the Fib 50%]

The Reason I post my Everyday Charts .. is because I Frame them .. like a photographer would "Crop" a Print. I find the Top and the Bottom Pivot .. and Frame them as you would any "Work Of Art" !!!! lol



GGGGOOOOOOOooooooooooooo Bucks !!!!

EDIT ////

17 / Zero



Also .. Back to the Daily .. Either Line Off the Top at 100 seems more effective than the one moving off the Bottom from Zero.

When they "Both Converge" .. it is "Most Likely" a decent move so check your other Favortie indicators for Confirmation.



To: The Freep who wrote (138259)11/4/2006 6:09:45 PM
From: Galirayo  Respond to of 209892
 
[OT] Freep .. since you pinch hit for Shack at times ..

Are Squeeze Plays considered FA .. or are they .. Chartable TA Voodoo and Permissable ?

shortsqueeze.com

If they are "Allowed" ...

Has anyone ever used this site and know what the "Rankings Mean" ???

Float "Sentiment" seems it ... Could Qualify ??? ;)

ILLinois just got a Bad Case of Buckeye 'Laurenitis' Fever .. Interception near their 40 yard line and now a Quarterback Slam. lol