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warrenbucket

11/09/09 12:08 AM

#2611 RE: austinstocktrader #2610

i really like the job you did on nphc, although i am really new to tradeing stocks, and there is alot i dont understand, everything you said made sense.. i hope to see more of your presentations regularly.. thanks good job
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seabreezing

11/09/09 6:34 AM

#2613 RE: austinstocktrader #2610

Thanks for the video of your TA on NPHC. Before I mention the 3 indicators that look so promising to me an aside. I lost interest in TA as it started appearing to me that any situation you have could be "beauty is in the eye of the beholder"analogy. I am sure this is not completely true. I do remember seeing many situations where a stock would have half the TA guys posting indicators suggesting north move while the other halp posted ones suggesting south.

My 3 indicators are the MACDH (H=histogram)
Clalkin Money Flow
Wilders DMI or commoningly referred to as ADX

MACDH, I was shown to use this as the earliest indicator of a trend reversal. I remember having some great successes with it. Its appears to be at a perfect position on a 3 months Chart(couldn't cut and paste from free Sharp Charts).
Chalkin Money flow. looks to be heading North again.
Buzzonthebeach an old friend from long ago, whom I have great respect for from the swing trade board told me about the ADX. He said it was his favorite indicator as I remember could of just been one of the best. I used it and it seemed a excellent indicator. Here the + indicator is crossing the - indicator at a excellent point on the chart around 20. The + indicator has went sky high a couple of times and if it does so again,draw your own conclusions. PMs on these or public comments certainly would be welcomed seabreezing
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Weim

11/09/09 7:32 AM

#2614 RE: austinstocktrader #2610

Thanks Austin I wish I had your knowledge. You are a very kind man to share this with us, and hopefully your predictions will prove correct.
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GreenMan

11/09/09 7:44 AM

#2615 RE: austinstocktrader #2610

Thanks for the video/chart analysis. I too think if we get some good PRs (especially as Rik Deitsch said he doesn't like fluff), this will break out of the .50s and higher. Accumulation is clearly happening.

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slbrown

11/09/09 7:46 AM

#2617 RE: austinstocktrader #2610

Great analysis and thank you - I just added it the sticky notes. I will be happy to post your updates in the sticky notes as you share any updates.
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warrenbucket

11/09/09 7:49 AM

#2618 RE: austinstocktrader #2610

thanks again for your t- a on nphc , hope to see another one soon, good job!!!!