Friday, August 01, 2008 7:14:36 PM
Clay: Good, unbiased video chart showing what needs to happen going in both directions.
Hopefully this is a reversal.
I've noticed that ChiOsc has turned up. This is good.
Here is a link describing three important indicators:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=28827084
Here is what is said about ChiOsc:
Chaikin Oscillator controls the PPS more than the other two.... the PPS will tank when this indicator goes down, even if OBV and Accum/Dist are going up, this fact alone makes know this indicator tracks "the shares" that rule the stock (MMs in other words). OBV, and Accum/Dist can be going up, but until ChiOsc goes up the PPS will stay lower, or continue going down..... Chiosc can go up before the PPS goes up, indicating that MMs are accumulating before a run.
A DPDW chart with ChiOsc above the price chart:
Hopefully this is a reversal.
I've noticed that ChiOsc has turned up. This is good.
Here is a link describing three important indicators:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=28827084
Here is what is said about ChiOsc:
Chaikin Oscillator controls the PPS more than the other two.... the PPS will tank when this indicator goes down, even if OBV and Accum/Dist are going up, this fact alone makes know this indicator tracks "the shares" that rule the stock (MMs in other words). OBV, and Accum/Dist can be going up, but until ChiOsc goes up the PPS will stay lower, or continue going down..... Chiosc can go up before the PPS goes up, indicating that MMs are accumulating before a run.
A DPDW chart with ChiOsc above the price chart:
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