"...you can also multiply the Red formula by -1 to have it tick down and the green formula tick up."
That is a really great idea!
So my new thing is to use the demark setup as an early warning indicator and wait for further confirmation (the formula I posted works great as confirmation). Every time I wait, I get a winner. If I pull the trigger just based on the demark, I get burned sometimes...
I never pulled the trigger on MA...sorry it didn't work out so far...but, I agree...it does have the potential to make $175.
But, I did dump a ton of cash into NEM (as pointed out a week or so ago) and it's been one of my best trades...it never showed up on the demark screener, but did go green on 4/27 using a variation of the formula i just posted and I bought it on 5/4. Sold 75% of my position yesterday...
This market is pretty crazy...just look at yesterday and today...every day I seriously think about taking a breather, but who wants to miss a day like yesterday?
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