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Bob - Interesting view. Attached is another view using SPX and
DGLs. The center tine of the fork starts at point 1 in this
chart. Point 2 is the focus for a Level 2 DGL which supplies
exact support at point A on 2/6/02. Point 3 is the focus for
another DGL Level 2 support line which supplies exact support at
point B on 2/7/02 and shows a green reversal bar. The reversal
signal is based on a VIX timing technique previously described in
a post to the realtraders list
Ned
http://users.erols.com/cnedgo/
--- In realtraders@xxxx, "BobR" <bobrabcd@xxxx> wrote:
> Here is an end of day view inspired by a young lady from
Germany of
> pitchforks and some breadth data. The middle plot is a ratio
is of up
> issues and down issues. The lower plot is of cumulative net
volume. Note
> that the CV bounced off the 200 day average back in january and
last week
> the issue ratio bounced off its zero line as the OEX bounced
off a median
> line.
>
> bobr
> http://www.oextrader.com/sigma_trader
> http://www.zubee.com
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