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Strategies & Market Trends : Stochastics -- Ignore unavailable to you. Want to Upgrade?


To: Wayners who wrote (169)2/16/1998 10:41:00 PM
From: R. Gordon  Respond to of 927
 
Wayne,

Thanks for the info on software. I'm not quite ready to spend $1200 quite yet - let me know when YOU get it. ggggg

Here are a few things to consider in regard to DMI. If the stock price shows a slight trend in the direction of the crossover - that is, if the stock is going down before the DMI+ goes below DMI-, (but not too much) that is a very positive sign of continued or accelerated movement after the crossover. If there is no downward movement after the crossover, get ready for a very large swing upward when it reverses. This works in either direction. Again, large price swings are not important --- Predictability Is Everything.

Richard



To: Wayners who wrote (169)2/17/1998 1:21:00 AM
From: R. Gordon  Read Replies (2) | Respond to of 927
 
Wayne,

I was wondering which stocks you saw as candidates for DMI movement - Moderate to high volume and high volatility. If you make a list of the top 50, 100 or 200, I could examine them to see how I like their pattern of predictability and I'll let you know the results.

Richard