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Thank you Tom...after making comparisons of price moves in Spx -- VIX
and
the ATR I realized that volatility was the measure. At first look you
expect it to be like an Moving Average or behave like an Oscillator. It
is
really quite interesting. I now will be more properly using the ATR and
keeping an eye on that volatility at the pivots.
Once you get a handle on this, I can see how Timothy Morge's post on
this
topic can be applied. Also Dennis...thanks,for your insight on the
topic. You comments were also worth noting.
I think I'll go out and buy a small jar of that Gerber's Apricot and a
small spoon
..... just to remind me I'm still learning. They still make that
stuff??
have a good day
John
Tom Lisk wrote:
> <<Back to the ATR... this indicator seems to run out of sync with the
> price data. Price goes up (in swings) and the ATR trends downward.
> Next chart...Price charting is going downward (in swings) and the ATR
> is trending upward..... occasionally ATR moves in the same direction as
> the price swing. What gives????>>
>
> John:
>
> ATR is a measure of volatility not market direction.
>
> Tom Lisk
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