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gfs

07/20/02 6:26 PM

#4 RE: augieboo #3

Hi augieboo,
Hey I used to invest in AVNX--great technology-but before the need for it returns there will probably be something else. No longer follow it.
The reason the +DI and -DI are not mirror immages on the AVNX chart is because the calculation uses (in part) up and down volume data. On BPCOMPQ, NAHGH, NASI, etc. there is no volume data or maybe the calculation just assumes that vol = 1 everyday. I can't quickly find the formula; however, I have noticed that when sharpcharts is able to show vol data on a chart the +/-DI are not mirror immages and anytime sharpcharts says there is no vol data the +/-DI are mirror immages. ADX is one of Thersa Low's major indicators so I'd like to know if it has any validity in these cases.

I am also trying to find some indicators that will provide a good guide to the market. So far my charts show that I shouldn't have followed Zeve into the market---so I am a bit apprehensive these days.

I assume you would not mind if I post a few charts for your review/suggested modification???

George