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In a message dated 12/2/00 8:48:12 AM Eastern Standard Time,
bobrabcd@xxxxxxxxxxxxx writes:
<< Ben, alias Profitaker RTer extraordinare, requested that I post charts of
the NASDAQ and S&P100 with his proprietary leading indicators. It appears
that both charts have developed buy divergence between price and P1 and P2
over the last week. Will leave further comments and interpretation to Ben.
BobR
>>
hello
this is the dream come true,,
the overlay indicator on the top is the score (red line) . it leads the
market up (as it goes up ahead of price and goes down ahead of price.!
the smooth line is its m/a, a signal is generated when the score is above
the m/a
(red line in top chart is the score and white line is the m/a),,
now that we know to be long or short,,
how do we know when to exit long or short?
For that I have created the profit taking index
(first lower indicator in magna color),
when it hits the first time the lower green line you exit 1/2 your position
and on the second time it hits the green you exit TOTALLY your short,
When it hits the upper line red you exit 1/2 of your long and second time
touch of the red you exit all long
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