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#1 da_cheif

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Posted 15 June 2007 - 11:08 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



http://homepage.mac....42231/683ma.gif

-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 : )


and today from joanne on WW
Category: General Interest
From: joanne (joanne mcable)
To: joanne (joanne mcable)
Date Posted: June 15, 2007 at 22:56:32
Subject: Re: 24n13 nm......Oh what a week!
Reference: Re: 24n13 nm



http://homepage.mac....2231/6153ma.gif

Quite a comparison between last Friday's and this Friday's CLX 3 MA.

I commented then that a move from -12 lows to +12 lows in reasonable time initiated strong upmoves. From last July's lows....that took 4 weeks. From the Feb. lows it took 2 weeks. This time is was accomplished in just one week....we are now at a +17. It appears there is some subdividing going on with the CLX also.

Yes......stay tuned!..........; )

#2 Woody

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Posted 16 June 2007 - 02:26 PM

Cheif, been using MCO as poor man's proxy for CLX, interesting that current CLX has spiked higher than MCO, not sure what the divergence implies if anything.....would be very useful to be able to access updated CLX and CLXPP/AYDIS charts somewhere? Something many of us would be willing to pay for. Calculation is pretty time consuming given time constraints with Family and Work. Nonetheless, some sort of pullback here is likely just to get CLX back down, maybe to 1515 on Cash. I am positioned vst short but will flip long either on continued strength or on a divergent pullback. Thanks CW PS Randy shared a file of JoAnns posts on CLX from 2003/4 very educational.

Edited by Woody, 16 June 2007 - 02:27 PM.


#3 da_cheif

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Posted 16 June 2007 - 03:05 PM

Cheif, been using MCO as poor man's proxy for CLX, interesting that current CLX has spiked higher than MCO, not sure what the divergence implies if anything.....would be very useful to be able to access updated CLX and CLXPP/AYDIS charts somewhere? Something many of us would be willing to pay for.
Calculation is pretty time consuming given time constraints with Family and Work.

Nonetheless, some sort of pullback here is likely just to get CLX back down, maybe to 1515 on Cash.

I am positioned vst short but will flip long either on continued strength or on a divergent pullback.

Thanks

CW

PS Randy shared a file of JoAnns posts on CLX from 2003/4 very educational.


the clx is not a price oscilator it is a number derived from daily volume obv breakouts of each of the dow 30 components......it is the net difference of the up and down volume designations of the 30 stocks....that number is then massaged .......some students have developed fast spread sheets which makes it very simple for a putter to put it all together......i do it by hand because i see more and of course ive been doing it for 30 years from before putters....if you go to wollie world im sure someone there will hep u.......or go to the SI thread and maybe you can get Kirk to assist you......or you can program a spread sheet urself......clx alone will not make life easier for u....working knowledge of fib ratios .....elliott wave and a host of other things make this more of an art rather than a science.......but without the tools of the trade and a deep knowledge of how and why the market does the things it does which can only be derived from years of experiance all i can say is you hafta start somewhere.......best of luck.......there are a few books to read first.......by granville....ney....prechter.......gerald appel....etc etc....they all contributed to my knowledge.....in fact i keep picking up new things to this very day...... B)

#4 joanne

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Posted 16 June 2007 - 09:42 PM

Cheif, been using MCO as poor man's proxy for CLX, interesting that current CLX has spiked higher than MCO, not sure what the divergence implies if anything.....would be very useful to be able to access updated CLX and CLXPP/AYDIS charts somewhere? Something many of us would be willing to pay for.
Calculation is pretty time consuming given time constraints with Family and Work.

Nonetheless, some sort of pullback here is likely just to get CLX back down, maybe to 1515 on Cash.

I am positioned vst short but will flip long either on continued strength or on a divergent pullback.

Thanks

CW

PS Randy shared a file of JoAnns posts on CLX from 2003/4 very educational.


'Intuition is the aroma of experience'

#5 joanne

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Posted 16 June 2007 - 10:06 PM

Linked is a one year comparison chart of the AYDIS and Carl's 'Decision Point' chart of the MCO. Even though the McClellan Oscillator is based on the NYSE Index instead of the Dow.......you can see they both do have quite a few similarities:

http://homepage.mac....1/615mcoayd.gif

Currently the AYDIS (which is the 3 day MA of the spread between the CLX and the CLXPP) is at 8.33 but rising with enough energy that in the next 2 days will likely be overtaking last fall's high at 10.33. The MCO however was not as relatively strong during those periods.

I find following the CLX as fascinating as a cliff-hanger novel. Tracking it by hand as da_cheif does does give one a much truer feel for it....but the computer does have the advantage of creating various charts such as this very efficiently.
'Intuition is the aroma of experience'

#6 da_cheif

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Posted 16 June 2007 - 10:52 PM

TANKS BABE.....SNORT

#7 Woody

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Posted 17 June 2007 - 10:51 AM

Thanks Joanne, quality stuff, I am always amazed at the effort both you and Randy put into your spreadsheets and graphs. :) Cheif, Fully understand where you are coming from re experience, I started back in 1980, still have Granvilles book from that time where he showcased his Climax Indicator along with 10 years of data Thanks for the references too!

#8 selecto

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Posted 17 June 2007 - 11:24 AM

Joanne, Hi. Good to see you here - don't be a stranger That chart looks like the Dow leads the AYDIS, or that they are at least concurrent. Can you trade off that? Or is it more of a mojo thing?

#9 joanne

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Posted 17 June 2007 - 12:17 PM

Joanne, Hi. Good to see you here - don't be a stranger

That chart looks like the Dow leads the AYDIS, or that they are at least concurrent.
Can you trade off that? Or is it more of a mojo thing?


'Intuition is the aroma of experience'

#10 joanne

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Posted 17 June 2007 - 12:32 PM

Joanne, Hi. Good to see you here - don't be a stranger

That chart looks like the Dow leads the AYDIS, or that they are at least concurrent.
Can you trade off that? Or is it more of a mojo thing?


Hi : )

Nice to be back....and I will try to post here a bit more often: )

Keep in mind that the AYDIS is a 3 day MA of the spread between the daily CLX and the CLXPP....thus it's smoothing function is somewhat of a 'delaying' factor.

I rarely daytrade anymore.......and when I succumb and enter an e-mini contract these days it emotionally magnifies until I feel that I have my lifesavings on the line........;')......lol!

I find that position trading far better suits my accumulative nature performancewise.

As for 'mojo'....funny you should mention that.....as that was what LBKwahu....one of the great pioneer FF members named my 10SMA 12 EMA momentum crossover indicator..........MOmentum/JOanne.

Hope everyone is having a terrific 'Father's Day' :)
'Intuition is the aroma of experience'