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Re: None

Thursday, 04/14/2005 6:19:34 PM

Thursday, April 14, 2005 6:19:34 PM

Post# of 44374
Multi post; henn51,fashion replys and todays chart eval!

henn51
As Watney stated recently & you hinted at'confluence' is where the missouri meets the mississippi and it floods every spring.& your takethere is a point when multiple rivers empty into the main stream at a particular point-cause/effect-volume/price and cause the stock to move rapidly with effect price

Sorry, I'm the type that knows alot about many things, but little about one. At this point all I can say is confluence is keyed to fibs and an indicator of strength!

Fashion
Aroon parallels normally show buying up, and selling if they are running down. Not the strength of the trend. I've not read any account that arrons can indicate strenght.

But have noticed, with william2112, if a cross over occurs (reversal)at 30 with up or down trending, the PPs overall jump seems to be larger then if the cross is at 70.

I think this is because 30 is the weakness indicator and 70 is strength. So the strength of the reversal would be effected thus, if cross occurs at 70, when an up trend reversal happens (up crosses down) the down line is up there also(stronger) and resists the up trend more. If it's the down line crossing high, then the up line is up there (strong) resisting the change. If this happens at 30 the resistance is less. And the jump MORE.

It's hard to get your mind out of up & down evaluation with aroons. They are a sideway indicator. The length of the indicator, means more then the hight of the indicator.

The up/down; 70/30 marks shows, which ever is on top holds the direction of the trend, not the strength. over 70 High up= trend direction up; over 70 Down line up= trend direction down. The longer the lines stay at opposite levels or line stays above 70, the longer the trend continues, no matter where the the lower line fluxuates.

Referr to post #961 yesterday to see the boxes showing this.

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