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Re: testekleez post# 6403

Saturday, 05/05/2007 2:33:21 AM

Saturday, May 05, 2007 2:33:21 AM

Post# of 47295
Test

Where do I start.

multicollinearity

You don't what it!!! Does the same thing, as first impressions, by tainting the picture.

MACD,RSI,STO vs. DMI,CMF,3 day aroon

Long term indicators vs. short term indicators !!!

Investment indicators vs. Swing trade indicators.

MACD - retail mindset & stock trend
RSI - retail interest
STO - retail momentium

DMI - retail short term mindset trend - retail interest level- retail momentium - entry/exit signals - breakout indicator - ADX interest indictor

3 day aroon - short term trend
CMF - retail short term monentium

5,10,20 MA is an entry/exit signal, not technical indicator.

In reality, I guess what ever works best for you. But the fewer, the BETTER. I normally use DMI alone, with aroon & CMF as back up. My trading style is 2 week swings.

But because of 1st impressions; I'm telling you to look at the indicators first and if they are tainted your back to a biased chart eval.

Your looking for strong interest in the stock, so your play may become a large trade. You stress your decision on several indicators that measure the same facts. Supporting your want of a good trade.

Just don't want too many indicator choices, telling the same story. You know me & story telling. Never believe it!





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