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Re: Chuxster post# 1503

Thursday, 12/11/2008 4:06:53 PM

Thursday, December 11, 2008 4:06:53 PM

Post# of 20469
VRGD money & trend charts: OBV shows share structure under dilution since 14 October, when it is finished the OBV MA(20) starts ascending. Need all four indicators AccumDist, OBV & ChiOsc MA(20)'s and a "monster" PVO move up before breakout confirmation or even a move out of this "dead zone" of .0003.
Link to what the top three indicators tell you of the trading sectors of the market.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=28827084


ADX(5)/(14) downtrend (the +D green line is not pulling the solid divergence line up) & TRIX(5)/(15) buy signal..need all up for any confirmation from this PPS level..
ADX can be used to identify potential changes in a market from trending to non-trending. When ADX begins to strengthen from below 20 and moves above 20, it is a sign that the trading range is ending and a trend is developing.
Link for info on TRIX to see buy signals.
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:trix

The most powerful indication of renewed investor confidence (momentum) will be the formation of a "pincer" of the MACD and ADX(14)...we are not even close yet.

" These babies are huge, sir..enormous. Oh, God, you wouldn't believe it! I am telling you there are other spacecraft out there..lined up on the far side of the crater edge..they're on the moon watching us." S band 2106-2287 MHz, Apollo 11, N. Armstrong

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