Replies to post #128907 on Winning Brands Corporation (WNBD)

[Recognizer]

J. Welles Wilder developed the Average Directional Index (ADX) to evaluate the strength of a current trend, be it up or down. It's important to determine whether the market is trending or trading (moving sideways), because certain indicators give more useful results depending on the market doing one or the other.

The ADX is an oscillator that fluctuates between 0 and 100. Even though the scale is from 0 to 100, readings above 60 are relatively rare. Low readings, below 20, indicate a weak trend and high readings, above 40, indicate a strong trend. The indicator does not grade the trend as bullish or bearish, but merely assesses the strength of the current trend. A reading above 40 can indicate a strong downtrend as well as a strong uptrend.

ADX can also be used to identify potential changes in a market from trending to non-trending. When ADX begins to strengthen from below 20 and moves above 20, it is a sign that the trading range is ending and a trend is developing.

[just_an_ant]

I've not received anything yet.....

I'm not exactly sure how it popped up on my radar, maybe report hits in AM.....

I don't remember seeing it before (aka..dated like back to December 2009 or something)....it seems "fresh" and "current"

I don't know, but inquiring minds want to know for sure......

I can think of a lot or rumors......and various story angles.....

I'm more interested in management/personnel staying focus on the business plan and seeing it implemented and carried out.

Maybe something to do with the song...posted after hours on Friday...who knows.....be good to have some excitement around again regardless lol

[just_an_ant]

Weak Downtrend

per the trend analysis (yea..we sorta knew that)

it could become stronger (of course)

or things could rapidly improve and start going other way...

thanks Sherlock...

now how about the 'electrifying rumor report' lol

and Why WNBD Is The #1 Stock For 2010 and Why WNBD May Run Huge