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Jim-
Lots of dots there. I'm a swing trader.
Chas
-----
On Sun, 8 Jun 2008 08:24:52 -0700
"Jim White" <jwhite43@xxxxxxxxxxxx> wrote:
> Market reversals are not a function of volume alone but
>depend on time, price and volume.Here are some indicators
>that do fire at tops and bottoms and consider all three.
>
> Jim White
> Pivot Research & Trading Co.
> PivotTrader.com
> ----- Original Message -----
> From: Charles Meyer
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Sunday, June 08, 2008 3:05 AM
> Subject: [SPAM][RT] HAWKEYE VOLUME INDICATOR
>
>
> Ben/Jeff-
>
> Thank you! Any feedback as to user experience w/ this
> indicator?
> Tks for any comments.
>
> I must be overlooking something because it doesn't seem
>to
> work as
> the theory purports. Let's look at an example, either
>at
> tops or
> bottoms. Now the so called 'smart money' are supposed
>to
> telegraph
> their movements by either distributing at tops and
> accumulating at
> bottoms, right? Then why do all the tops show green
>bars,
> and the
> bottoms show red bars? I mean 390 different
>calculations,
> and there
> are few red bars and tops or green bars at bottoms! ???
>
> I mean this seems to be the case much, much of the
>time.
> So, what
> am I missing, or how does one use this indicator?
>
> My understanding is that all the other indicators
>offered
> by
> Hawkeye are based on some other concept than volume. I
> think they
> make most of their income from seminars and selling
> software as
> opposed to trading this concept. So what else is new?
>
> Chas
>
>
>
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