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Guys,
Due to the no of pm's I've received, and their questions, please give
me a day or so to put together a reply that will hopefully cover them
all. I'll get back to you individually asap.
Regds
Gerard
--- In amibroker@xxxxxxxxxxxxxxx, "Gerard Carey" <gerardncarey@xxx>
wrote:
>
> The Father of Technical Analysis, Charles Dow, in his famous `Wall
> Street Journal" editorial of January 4, 1902, stated;
>
> "nothing is more certain than the fact that the market has three
> well-defined movements which fit into each other. The first is the
> variation due to local causes and the balance of buying and selling
at
> that particular time. The secondary movement covers a period ranging
> from ten to sixty days, averaging probably between 30 and 40 days.
The
> third movement is the great swing covering from four to six years."
>
> Note his first four words.
>
> My effort to ascertain the current market condition using TA, is
> directed towards the identification of these three trends, and then
to
> observe their relationship to each other.
>
> As I can blather on somewhat as to the interpretation of indicators,
> I've outlined my approach on the attachment thereby sparing the
> uninterested.
> Those interested but unable to receive attachments may pm me and
I'll
> forward it.
>
> Regds
> Gerard
> --
> Gerard Carey
> gerardncarey at fastmail dot fm
>
> --
> http://www.fastmail.fm - Access all of your messages and folders
> wherever you are
>
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