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Pompatis et al,
Sore Thumb divergence is my own term for an obvious divergence where an
isolated spike high is made and divergence indicators like RSI, Stochastic,
Momentum etc. show a divergence with that new high. If you are not familiar
with the saying "something(it, she, he, whatever) sticks out like a sore
thumb" it means something is obviously different about something compared
to the others around it.
Brent
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> From: POMPATIS@xxxxxxx
> To: brente@xxxxxxxxxxxx; realtraders@xxxxxxxxxxxxxx
> Subject: Re: Sore Thumb divergence in the Dow
> Date: Friday, September 25, 1998 2:51 PM
>
> In a message dated 98-09-25 02:31:26 EDT, brente@xxxxxxxxxxxx writes:
>
> << Yesterday we had a sore thumb divergence in the Dow off the recent
high. We
> go down some more now I think. >>
>
> Dear Brente:
>
> I would be grateful if you would briefly explain what is a "sore thumb
> divergence",
> I am not familiar with this term.
>
> Much gratitude,
>
> Pompatis
>
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