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Sam, if the price hits the Long term Vidya upper band*1.618, then
you could say it's overbought and you could look at this area for
quick profits and as long as the price stays above the 3 Bar net
line you could rebuy the stock at a lower price
--- In Metastockusers@xxxxxxxxxxxxxxx, <uhehs@xxxx> wrote:
> Henry,
>
> I have been using your suggested combination for some time now,
with decent
> success.
>
> You had mentioned previously about how you use the 3 Bar Net Line
to
> reinforce the Vidya Bands and take profits against the long term
Vidya Band.
> Can you elaborate?
>
> Are you interpreting the Vidya Band like a Bollinger Band?
>
> Thanks again.
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