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Re: Nocona post# 39353

Friday, 02/23/2007 12:23:20 PM

Friday, February 23, 2007 12:23:20 PM

Post# of 79026
Nocona, I developed a 5-min QQQQ chart that uses the DMI-14 and breaks out the DI+ and DI- as separate elements. This chart also uses the SMA-8 and SMA-20 on the priceline. If you set up this chart, it may generate some ideas. Watch, for instance, the crossovers of the priceline by the SMA-8. They are usually very accurate, but sometimes can provide whipsaws. Also, I've found that the crossovers of the ADX line by the DI+ and DI- are excellent "early warnings" that the price direction is changing. Sometimes, during a slow grind up or down, whichever DI is on top is the tip-off to stay invested in that mode, so to speak. I'd be interested in your thoughts re. this chart. Two

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