First T-4 signal. Buy?

I can't remember the last time we had a T-4 signal. It has been a long time. This presages a turn shortly. Is the low in? M

I can't remember the last time we had a T-4 signal. It has been a long time.

This presages a turn shortly. Is the low in?

M

Very interesting Mark. I noticed something too. I think there is a bull case here. The risk point is to 1274, so at least its clear.

I can't remember the last time we had a T-4 signal. It has been a long time.

Excuse me for not knowing, but I can bet there are others with the same question.

What is a T-4 signal?

IMO: If we pull all the way back to 1255ES today, it is a buy.

Edited by orange, 16 March 2011 - 08:48 AM.

I can't remember the last time we had a T-4 signal. It has been a long time.

Excuse me for not knowing, but I can bet there are others with the same question.

What is a T-4 signal?

IMO: If we pull all the way back to 1255ES today, it is a buy.

Not sure what kind of low he is talking about either: hourly, daily weekly?

The T-4 is a measure of activity on this site and it's correlated with turns. Sometimes it's very contemporaneous. And sometimes it's just a continuation. But it does make for a good "heads up" indicator. I had had hopes of it being a top flight top or bottom spotter, but it's really just OK. I'd say that the "signals" are good for days or weeks of a market move, unless the market is very volatile. The problem is, the market is often very volatile when we get T-4 signals.

I can't remember the last time we had a T-4 signal. It has been a long time.

Excuse me for not knowing, but I can bet there are others with the same question.

What is a T-4 signal?

IMO: If we pull all the way back to 1255ES today, it is a buy.

WOW AMAZING CALL... congrats to u... looks like the makings of a bottom here... RTH climax bottom with higher low on good volume..

The T-4 is a measure of activity on this site and it's correlated with turns. Sometimes it's very contemporaneous. And sometimes it's just a continuation. But it does make for a good "heads up" indicator.

I had had hopes of it being a top flight top or bottom spotter, but it's really just OK. I'd say that the "signals" are good for days or weeks of a market move, unless the market is very volatile. The problem is, the market is often very volatile when we get T-4 signals.

apparently it worked like a charm for the xtrends blog.. bottom formed +/- 2 days when site traffic peaked.