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#1 airedale88

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Posted 20 March 2007 - 06:37 AM

buy signal of last wk remains in force and has strengthened.

INDU sold off to it's lower 4% band, rallied, tested the low with another selloff

to the lower 4% band and reversed to close inside the lower 3% band.

NYSE 21 day breadth indicator makes a higher low on the retest with only

a marginal drop into negative numbers and quickly moves back to positive territory.

that is a strong buy signal using this method.

http://stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=6&dy=0&i=p63401722561&r=7204.png

http://stockcharts.com/c-sc/sc?s=$NYAD&p=D&yr=0&mn=6&dy=0&i=p50966274753&r=7759.png





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airedale

Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".

Ring-Ouzel, England

#2 teki

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Posted 20 March 2007 - 08:29 PM

Is there a corresponding sell signal with that particular system? Thanks.

Edited by teki, 20 March 2007 - 08:29 PM.


#3 airedale88

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Posted 20 March 2007 - 09:47 PM

Is there a corresponding sell signal with that particular system? Thanks.





yes, one sell would be a new high or a move to the upper envelope with a negative or nearly so breadth indicator. the creator of the system has numerous buy and sell signals. i only mention the one or two signals that have been publicly disclosed.
airedale

Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".

Ring-Ouzel, England

#4 steve

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Posted 21 March 2007 - 08:54 AM

The creator of this system/method is Bill Schmidt and details can be found at tigersoft.com

#5 airedale88

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Posted 21 March 2007 - 11:45 AM

that's it steve, thnx. gerry appel in his newsletter "system and forecasts" way back in the 80's wrote up some info on the method and use to track come of the signals when i had a subscription.
airedale

Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".

Ring-Ouzel, England

#6 airedale88

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Posted 22 March 2007 - 12:17 AM

system remains on it's recent buy signal. breadth indicator gaining more strength.
airedale

Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".

Ring-Ouzel, England