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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (6347)4/22/2008 3:33:43 PM
From: skinowski  Read Replies (3) | Respond to of 41628
 
I hear you. It makes sense. I'm curious about understanding Aroon a little better - but not before I go off now and hang out for a while and catch some fish.

Mr. Market threw in a wiggle double bottom to make things more interesting... at this time it will either rally or break down into the close. My call is - rally. But - I have GTC stops in place and let it be what it may.... See you in a few. Buena suerte!



To: Galirayo who wrote (6347)4/22/2008 3:34:02 PM
From: Galirayo  Respond to of 41628
 
Since MAs are smoothing Factors of Price Volatility in essence ..

Any Major Deviation from that Mean [MA] will likely cause a Test of that particular MA or at times a Hound and a Break of it. Just like a John Bollinger Band will indicate.