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Strategies & Market Trends : TA-Quotes Plus -- Ignore unavailable to you. Want to Upgrade?


To: Michael Quarne who wrote (8719)2/22/1999 11:16:00 AM
From: Alan_C  Read Replies (1) | Respond to of 11149
 
>Not sure what you mean
I don't blame you, Mike(g). Was a sloppy use of the word. Basically I was trying to use CCI to spot stuff that had given level of activity, not necessarily in a trading range. It could trend up a little then down a little, and then take off. In my mind I was thinking of seeing something that had jumped, not necessarily radically overnight but jumped out of norm, perhaps trending hard up and through support. The idea was to then put those on a watch list to see if they would roll over any way they'd want to, be it in a few days or a month or go into a flat trading range, whatever, looking for a little retrace to capture.
Parabolic shape might be ultimately what happens in the future but not necessarily. Sorry to confuse.
CCI is pretty good, at least to my unskilled eyes, for showing support breaking, and staying broken, by different levels of CCI being made and a CCI extreme seems almost always to not hold up. Problem is that a norm "max" CCI is different for one issue than another so I was trying to use "max" to find that norm rather than pick a common line like 100, 150 (or-100, or -150) though that works pretty good in it's own right, like the scan you suggested.
No complaint that CCI isn't a item token. Just trying to learn. Like Craig had there, I suspect that some kind of loop would do something and I really need to get a grip on loops.
Sorry for the length. I really appreciate folks attention here.