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learningboutinv

07/02/08 2:32 PM

#54469 RE: GLENO34 #54468

Yup.. sure hard to rally when oil just moved +1.40 in the past 10min.

bobjack

07/02/08 2:42 PM

#54472 RE: GLENO34 #54468

Gleno, a Pincer appears to be a narrowing of the space between a PPO Bottom and an ADX High, when the two graphs are stacked:
PPO over Top of ADX.

Kinda like narrowing of Bollinger Bands.

Pincer Example:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30422192
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Pincer Headquarters
"fretos house of cornchips" (FRETO) Board on ihub

http://investorshub.advfn.com/boards/board.aspx?board_id=9737