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Re: jakemem post# 30062

Saturday, 10/13/2012 11:32:02 AM

Saturday, October 13, 2012 11:32:02 AM

Post# of 34760
Go with the first turn and see it it holds.
It isn't an exact tool and does vary with stock/etf choice.Also, the signal should be confirmed by a change in the color in the cloud, but that can be late.
Works fairly well with the Trans etf I keep an eye on as it's "supposed" to be the engine that pulls the train. Note sell signal here which might turn into short-term buy if broken.
http://stockcharts.com/h-sc/ui?s=IYT&p=60&yr=0&mn=2&dy=0&id=p00767247204&listNum=43&a=279854291
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