SPDR S&P 500 (SPY): Gleno, a Pincer appears to be a narrowin...

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Re: GLENO34 post# 54468

Wednesday, 07/02/2008 2:42:12 PM

Wednesday, July 02, 2008 2:42:12 PM

Gleno, a Pincer appears to be a narrowing of the space between a PPO Bottom and an ADX High, when the two graphs are stacked:
PPO over Top of ADX.

Kinda like narrowing of Bollinger Bands.

Pincer Example:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30422192
------------------------------------------

Pincer Headquarters
"fretos house of cornchips" (FRETO) Board on ihub

http://investorshub.advfn.com/boards/board.aspx?board_id=9737

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