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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: DayTraderKidd who wrote (23338)2/9/1999 2:54:00 AM
From: IQBAL LATIF  Read Replies (2) | Respond to of 50167
 
clearstation.com
Now look at this chart this is a little refined chart I use, I would ideally like RUT to move up that pink moving average and composite to take out the green ma.. Now I never use any of these sophisticated programmes, for me this is sufficient, however my posts are based on a quick review of the following which is even more handily available...
quote.yahoo.com
Now I would be closely looking at the following--every morning..
quote.yahoo.com^DJT&d=t
Look at the turn around point yesterday on NDX..
quote.yahoo.com^NDX&d=t
Now notice composite moves-
quote.yahoo.com^IXIC&d=t and see how SPC reacted add premium to the SPC values and you get your SPH..
quote.yahoo.com^SPC&d=t

Notice the lag time of reversal in SPC at 11.45 as SPc was testing the lows,we had this basing in NDX for more than 45 minutes at 1986 --http://quote.yahoo.com/q?s=^NDX&d=1b although NDX and composite were giving a long signal.. but it was SOX chart which held support at around 11.45 at 392 my indicated level where a buy was generated/....http://quote.yahoo.com/q?s=^SOXX&d=1b
this is how I analyse my markets all during the trading session, nothing spectacular simple straight and direct..

I owe it to my reader to open my mind and my analysis it may sound simple but it is lethally helpful in wounding the bears or bulls as the case may be.. I have just that little advantage to call a move minutes earlier saving myself from lot of whipsaw trades..

I hope above will give you a tour de force not to be short yesterday even after ACCOMPORA call-- today is another day I will like RUT SOX and BKX to make the move and consolidate gains.. on SPH I think we will test 1255 otherwise a break below 1236.3 takes us to 1225...