CLX for the da chief
Started by
ChickenLittle
, Jun 24 2007 02:12 PM
2 replies to this topic
#1
ChickenLittle
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Posted 24 June 2007 - 02:12 PM
Chief, do your CLX figures agree with the following????
The 3 day AYDIS has reached a very oversold reading and is screaming for a rally. Also the single day (Friday) AYDIS had the most negative day since 2/27.
If these are correct figures and I read da chief's rules correctly, we should have a rally. Of course if the figures are incorrect . . . .
History always repeats . . . only the details change.
#2
mortiz
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Posted 24 June 2007 - 07:56 PM
I have the Dow AYDIS 3 day MA at -11.67, which is the fifth lowest value since the spring of 1997. I have three lower Dow AYDIS 3 day moving averages in late January 2003 and one lower value in late August 1998.
Curiously, the NDX AYDIS 3 day MA is just nominally below zero, not even close to extreme, and the SMH AYDIS 3 MA is actually positive.
Other AYDIS indicators I monitor, MACD and MCO, are in the same configuration, Dow is pegged at negative extremes while the NDX and SMH variants are mildly negative and positive respectively.
Randy N.
#3
da_cheif
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