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To: steve susko who wrote (2344)8/24/1998 7:18:00 PM
From: SE  Respond to of 44573
 
A divergence is created when the TICK sets a higher high and the SPOO sets a lower low, or in the alternative the TICK sets a lower low and the SPOO a higher high. This is clear in the charts today if you set up the SPOO and the TICK next to each other in the time frame I was discussing it. It doesn't always work, but it is a good set-up to watch for. I am sorry I did not trust it a bit longer than I did. It worked great.

-Scott



To: steve susko who wrote (2344)8/25/1998 10:34:00 AM
From: SE  Read Replies (2) | Respond to of 44573
 
Steve,

We are getting another example of a TICK divergence right now. The SPOO was at 1106+ at 9:45 and the TICK was at +936. Now the SPOO is at 1110 and the TICK is at +400. Indicates that the strength of the up-move is running its course. Now the tricky part....pick the top! :) It could and might still run to 1118.

-Scott