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Tick momentum is starting to wane


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#1 dcengr

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Posted 27 December 2006 - 01:39 PM

But its getting closer...

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#2 maineman

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Posted 27 December 2006 - 01:52 PM

kind of a slow day so I've got more time to look at these posts and ask questions, I hope you don't mind. Can you explain how you use your Tick Momentum? Did you buy the QQQQ when the OSC went positive? Thanks, mm sorry, I meant the Tic Sum...

Edited by maineman, 27 December 2006 - 01:53 PM.

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#3 dcengr

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Posted 27 December 2006 - 01:55 PM

kind of a slow day so I've got more time to look at these posts and ask questions, I hope you don't mind. Can you explain how you use your Tick Momentum? Did you buy the QQQQ when the OSC went positive?



Thanks,



mm


Look at the Tick Sum zero line. When it crosses, its a signal. The oscillator is used when I want to front run the tick sum signal line, particularly if its around resistance levels.

I have a core short position, but doing some position management using this.
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#4 dcengr

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Posted 27 December 2006 - 03:56 PM

Still no sell signal. I have a feeling if it goes higher, those who were shorting around Dow 12,500 is gonna feel da squeeze.

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