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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: shasta23 who wrote (15768)	4/29/1998 11:51:00 AM
From: stan s.	Read Replies (1) \| Respond to of 79425

Stefan and others...................................................................... DAVX, answers to a couple of queries. THIS IS IT! Anything else by private mail ONLY. I'm serious, I tried to make that clear. Please don't ask me to reiterate anything I've intimated, inferred, indicated or pointed out already. I do see and have pointed out accumulation in the chart. There's a wide variance to A/D indicators, Money Flow indicators etc. I have settled on ones that show what I need in a consistent manner. As for volume et al. I first mentioned DAVX on Monday so I did not comment on yesterday's early surge an subsequent pullback. Did I like it? Nope.....does it change my overall view....no, but I took note of it. In this chart you will notice Volume Adjusted Moving Averages in the top box. (10 and 21) geocities.com In the bottom box 4 and 9 day Exponential moving averages. The green and red vertical lines are buy and sell signals generated by the cross of the 4 over 9 in the BOTTOM box. I use the VAMA in the top box for additional confirmation. Those crosses have occurred in the last couple of days. I use these and other indicators in conjunction with the stuff I mentioned yesterday. The results are VERY consistent. The "false" signals (mid April?) in this and the charts I posted yesterday (I think) were the result of downgrade that has, to some extent, been reversed. This is NOT a recommendation. I have also reiterated in EACH post my concern over the charts of the exchanges so.... take heed. THAT'S ALL FOLKS. Good luck, Stan