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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Monty Lenard who wrote (23851)	8/11/1998 12:31:00 AM
From: James F. Hopkins	Respond to of 94695

Monty; Yes It sure was, I didn't have this to look at, at the time, I was just using my tick ..vs change , & the up/down volume didn't match the index , and every time I saw that before it signaled sell. Since then I managed to see when it says buy, but that's much more obscure and I haven't put as much faith in it yet. However this data seems to confirm , or reinforce what I was looking at, and that makes it very useful. I love having the "radar" and the "loran" the "GPS" and the "depth recorder" all telling me I'm at the same place. As foggy as the market can get you need these aids to navigation, and a prudent mariner will not just depend on one, but will understand and use all the aids at his disposal, looking for each one to verify the other. --------------- This is like having a good "depth recorder" and in the old days on the fishing trawlers the depth recorder was our number one aid. We knew the bottom via a depth recorder well enough to find a certain offshore bank or location prior to getting the other fancy stuff. For sure this beats A/D lines or high/lows as both may give false echoes, while I won't toss them away, for sure if this don't confirm their readings I won't bet on them. Jim