problem is...there is no way to use it for timing...
All it said....it's coming.....don't know when...But TRAN was very useful nailing a top.
http://stockcharts.com/c-sc/sc?s=$NYAD&p=W&yr=5&mn=3&dy=0&i=p37826571270&a=75703646&r=3389.png
http://stockcharts.com/c-sc/sc?s=$TRAN&p=W&yr=10&mn=6&dy=0&i=p99351522211&a=34410261&r=6915.png
nyad cum. weekly
Started by
eminimee
, Jun 07 2007 06:40 PM
1 reply to this topic
#1
Posted 07 June 2007 - 06:40 PM
#2
Posted 07 June 2007 - 08:27 PM
Hi T,..
Long time no see .. Cum charts always lag reversals,.. because they are trend charts.
That's why I don't bother with long term trend lines on them for day to day trading.
MAs crosses and short term lines seem to most helpful to me, but even the oscillators gaves a tricky False buy signal at the recent Top of the market.... so you gotta be careful with da cums.
Even the NAMo cum didn't complete a modest Ma Cross over until today....yesterday it was only touching.
But there were a lot of other internal charts that said sell days ago.
Edited by Mr Dev, 07 June 2007 - 08:29 PM.
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!