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Yes I agree with you.
Robert
Trade Jack wrote:
>or xau index to gold futures.
>
>i understand the definition, but certain "flavors" of momentum and
>acceleration (unbound indicators) seem to apply. the problem i have
>with using rsi and stochastic is that they're bound indicators, and
>have big problems accurately defining tops and bottoms. momentum and
>acceleration do better for me.
>
>
>---Robert W Cummings wrote:
>Definition of a leading indicator: An indicator that precedes price
>therefore predicting price somewhere in the future. The only type
>indicator I think that can do this is price of one market to another
>say the S&P to a stock thats known to follow the S&P. Your claiming
>the VEL has zero lag I'm not disagreeing but thats pretty impressive
>indeed, do mean to say has less lag than most.
>
>
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