Gotta love the AD line
Started by
crew123
, Apr 14 2010 01:48 PM
7 replies to this topic
#1
crew123
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Posted 14 April 2010 - 01:48 PM
The AD line has lead the market breaking out to new highs before the NYSE during the rally from the march 09 lows.
#2
atlasshrugged
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Posted 14 April 2010 - 01:55 PM
i wish "somebody" would have brought this to the boards attention "earlier" it might have saved some accounts LOL
#3
crew123
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Posted 14 April 2010 - 02:00 PM
i wish "somebody" would have brought this to the boards attention "earlier" it might have saved some accounts LOL
hah, thanks. we wont mention that its at an all time high either. The technical analyst from a firm that I used to work at loved this line.
#4
fib_1618
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Posted 14 April 2010 - 02:12 PM
Tricksy...false.Gotta love the AD line, AD leads the way higher each time
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
#5
crew123
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Posted 14 April 2010 - 02:33 PM
Tricksy...false.Gotta love the AD line, AD leads the way higher each time
tricksy false?
#6
fib_1618
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Posted 14 April 2010 - 02:42 PM
Don't you know that the A/D line has very little to do with the direction of prices?tricksy false?
It's a trick...it's false.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
#7
crew123
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Posted 14 April 2010 - 02:46 PM
Don't you know that the A/D line has very little to do with the direction of prices?tricksy false?
It's a trick...it's false.
Fib
Dont think so, this one is leading the way and showing strength in this rally. Definitely a confirming indicator not a trading system. It also works well for identifying tops with divergences.
#8
fib_1618
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Posted 14 April 2010 - 03:11 PM
More like a leading indicator...breadth leads price, right?Definitely a confirming indicator
Fib
PS...you're new...my comments were for those who know me better...pay me no mind.
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
