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Elder bottom?


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#1 esther231

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Posted 30 August 2007 - 10:20 AM

http://stockcharts.com/c-sc/sc?s=$NAHGH&p=D&yr=1&mn=0&dy=0&i=p84701550626&a=109596387&r=4597.png
When I see an adult on a bicycle, I no longer despair for the future of the human race. ~H.G. Wells

#2 Caduceus

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Posted 30 August 2007 - 11:51 AM

http://stockcharts.com/c-sc/sc?s=$NAHGH&p=D&yr=1&mn=0&dy=0&i=p84701550626&a=109596387&r=4597.png


Nice chart, thanks for posting it.

Here is a chart which I thought was interesting, (posted by Chilidawgz) he called it the Elder indicator.
I am not very familiar with Elder or his methods.

[attachment=5915:attachment]
Anyone know what happened to Chilidawgz?

#3 esther231

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Posted 30 August 2007 - 12:41 PM

I don't know that much about Elder either. Someone here posted that chart a while ago and said that Elder said good bottoms are made when new lows are higher than new highs for a month or two. And I like the one you posted. :) I'm gonna save it. Much thanks.
When I see an adult on a bicycle, I no longer despair for the future of the human race. ~H.G. Wells