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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (151545)3/23/2009 11:43:07 PM
From: zigzagman  Read Replies (1) | Respond to of 312267
 
Thanks for the kind words marcos...

I really appreciate it...

re: charting the $SPX or the Russell 2K?...

No I don't...I stick to the $SPX and Dow charts for the most part...That's because I've got a collection of Dow charts from over a year ago that I'll be putting into an eBook, and I can't change horses in the middle of a race...

I do look at all kinds of charts from a lot of different sectors before I do the analysis of the Dow's chart...A lot of folks think I should be doing the $SPX instead of the Dow because it's a much broader measure of the market...I tend to agree with that, but I started with the Dow and I have to finish with it...

And really, for the most part the two charts are nearly identical IMO...The technical indicators and the chart patterns are very similar, and if you couldn't see the price off to the right of the chart you'd have a hard time telling them apart...