clx students
#1
Posted 08 June 2007 - 09:40 PM
Category: General Interest
From: joanne (joanne mcable)
To: da_cheif (don wolanchuk)
Date Posted: June 08, 2007 at 22:10:33
Subject: Re: -2N??....V bottom???...aydis sez so.....3 day
Reference: -2N??....V bottom???...aydis sez so.....3 day clx turnin up outa a deepazz hole
-2 and 2 here too : )
And you are so right about that 3 MA turn from a deep hole. Here's a yearly chart.
What I would like to see soon is enough power to move that 3 MA up over the +12 level.....as that appears to endorse a kickoff into a good uptrending move : )
#2
Posted 09 June 2007 - 05:15 AM
However, I think its still too early to call FWIW.
Good luck in trading!
http://www.traders-t...showtopic=71148
Edited by Tor, 09 June 2007 - 05:17 AM.
The future is 90% present and 10% vision.
#3
Posted 09 June 2007 - 06:03 AM
Don, I believe I was the first here to post the possibility of a V shaped reversal with some target levels.
However, I think its still too early to call FWIW.
Good luck in trading!
http://www.traders-t...showtopic=71148
sorry bout that...
da_cheif Jun 7 2007, 12:35 PM Post #13
Member
Group: Traders-Talk User
Posts: 3393
Joined: 9-October 03
Member No.: 321
some dont believe in V bottoms.......sometimes it happens sometimes not.......soooooooo....ya gotta be prepared for either....
Edited by da_cheif, 09 June 2007 - 06:04 AM.
#4
Posted 09 June 2007 - 06:21 AM
#5
Posted 09 June 2007 - 06:47 AM
Don, I believe I was the first here to post the possibility of a V shaped reversal with some target levels.
However, I think its still too early to call FWIW.
Good luck in trading!
http://www.traders-t...showtopic=71148
sorry bout that...
da_cheif Jun 7 2007, 12:35 PM Post #13
Member
Group: Traders-Talk User
Posts: 3393
Joined: 9-October 03
Member No.: 321
some dont believe in V bottoms.......sometimes it happens sometimes not.......soooooooo....ya gotta be prepared for either....
My hunch says no, not this time, as we may need more corrective action to create the power to go what I think may end up being parabolic into the end of the year. Just seems lacking a bit for some reason, will see.
The future is 90% present and 10% vision.
#6
Posted 09 June 2007 - 09:24 AM
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=4&dy=0&i=p05979909820&r=5529.png
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#7
Posted 09 June 2007 - 12:08 PM
cheif,
Joanne's Dow 3 day MA CLX chart has an additional data point beyond Friday's value of -12... is the tick point around -8.67 assuming CLX remains unchanged Monday at -2? I think I have seen that methodology in Joanne's CLX work before, but just wanted to ensure I am not in a lagging universe that is one day behind reality (I probably am).
thanks
Randy N.
On my spreadsheet it shows the same info for the NEXT two days. As you said it assumes no change for the next two days. The 3 day MA has zero for the next 2 days and the trailing two days are dropped off. The last (future) reading is today's CLX reading divided by 3.
#8
Posted 11 June 2007 - 12:40 PM