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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (10433)11/23/1998 10:08:00 AM
From: LTK007  Read Replies (1) | Respond to of 29382
 
Well I started my day---first time I have done morning buying in quite
awhile---I went with PQT,in at 1.75,as it had a 60k block buy at close
Friday--and I should note volume is heavy as of this moment--but now
is testing 2 resistance line---FWIW,there is a rumor out saying PQT will be announcing a major internet deal---this from StockRumor.Com --
I also added to my NAVR at the open---and entered DBCC at 8--Max



To: Sergio H who wrote (10433)11/23/1998 11:11:00 AM
From: Sal D  Respond to of 29382
 
Sergio, thanks for the Demark book title.

Polarized Fractal Efficiency, yes it is a MetaStock indicator. An approach developed by Hans Hannula by applying the laws of fractal geometry and chaos to the markets. The primary use of the PFE indicator is a measure of how trendy or congested price action is. I can not say I understand it, fractal geometry that is but it is interesting reading. It is one of the more unique approaches (by the way I do not use it) The only reason I mention it was most new comers to TA stumble across it and find it interesting, although I don't know anybody that uses it.

Good Luck with your daytrading.
Joe