Replies to post #28 on ThinkorSwim TA and More

[desertcynlite]

Great got it! It makes sense and is causing some flip flopping it seems today. In case anyone else is curious what he's talking about here's a good summary: http://www.tradingmarkets.com/.site/stocks/education/lssnoftday/07172003-33841.cfm

Do you have an easy way to keep track of the 20 days or do you just have to count it out on the charts? I like it when the computer does the work for me LOL. That is why I use Quotetracker charts. They allow a lot of customization if one so chooses. I could probably program a signal for it in the charts if I put some thought into it.

Mondays are usually not big drop days but, the charts sure seem to be positioning for it to me. Someone coined the term "Reversal Tuesday" on another board I was on. Not sure where he got it but, Tuesdays and Thursdays seem to be the big days to me for major directional changes.

Cyn ~