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kenwong

10/27/05 12:21 AM

#9638 RE: glennob #9621

glennob: TRIX (4,2) w/$ONE:$VXN

Hi Glenn,

Not sure TRIX(4,2) works with other trading vehicles such as $ONE:$VXN, GOOG, DIA, etc. Although I once thought there might be a universal chart setup that can apply to all trading vehicles, I'm not so sure of that anymore. The reason is that different types of traders ("herds") gather around different types of trading vehicles ... and behave differently. For example, QQQQ traders are a different breed than TASR traders. However, it's possible that there are more than one trading vehicle that can be applied to any one chart set up. At least in the chart below, the current crossover does look like somethng is about to happen here.

Ken

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Posted by: glennob
In reply to: kenwong who wrote msg# 9623 Date:10/26/2005 8:17:05 PM
Post #of 9641

kenwong It gave a sell for VXN and QQV. Of course it is inverted unless you enter it like this $ONE:$VXN.
Have a good night
Glenn


Link to this chart setup ... http://tinyurl.com/8c9h3