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[amibroker] Re: Correlation Studies



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--- In amibroker@xxxxxxxxxxxxxxx, <dstricek12@xxxx> wrote:
> Hi 
> yes  it does looks weak . So far as I  know this is "short term 
weakness in an uptrend channel ". I can only say how I would resolve 
this enigma (since I m not familiar  with N225 index ) ... I would 
wait for clear downtrend confirmation (break of cca 10700) then enter 
on pullback with half  position. If down trend is confirmed then 
would add other half.  For myself, divergences mean only change of 
speed.  
Drazen,
It depends on the [bullish/bearish] environment. One or two years ago 
a div was equivalent to Short immediately. Now it is closer to your 
point of view.
Dimitris Tsokakis
> Sincerely
> 
> Drazen
> 
> 
> 
>        
>   ----- Original Message ----- 
>   From: Dimitris Tsokakis 
>   To: amibroker@xxxxxxxxxxxxxxx 
>   Sent: Thursday, January 22, 2004 3:04 AM
>   Subject: [amibroker] Divergences
> 
> 
>   ^N225 will suffer for a while, the StochD() AND RSI() divergences 
are here to give a clear warning.
>   Any  opinions [technical or not] appreciated.
>   Dimitris Tsokakis
> 
> 
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