One thing that would be of great use to all members would be a
section where the intermediate term trend is clearly noted, say by
"bullish," "bearish," or "neutral." That way, a glance would
suffice for members to know what Steve and Matt's sense of the
direction of the market is, and when it changes.
Algyros - this already exits here, I have trending indicators
that are fairly good at this: NYSI indicators, NASI,
BPCOMPQs, etc. Use the URL from my Sticky post, I have all
the trending indicators
NYSI with 5/3 stochastics overlay is fairly good at the
intermediate trend
I prefer to use the terms: uptrend and downtrend versus bullish
or bearish which are quite subjective. I have been stating
the trend every night on the recaps and will announce when it
changes. It will change when the market begins to make lower
highs AND lower lows. Again, see last nights recap for
clarity.
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One thing that would be
Comment
Posted by algyros on 17th of Mar 2010 at 12:35 pm
One thing that would be of great use to all members would be a section where the intermediate term trend is clearly noted, say by "bullish," "bearish," or "neutral." That way, a glance would suffice for members to know what Steve and Matt's sense of the direction of the market is, and when it changes.
Algyros - this already exits
Posted by matt on 17th of Mar 2010 at 10:16 pm
Algyros - this already exits here, I have trending indicators that are fairly good at this: NYSI indicators, NASI, BPCOMPQs, etc. Use the URL from my Sticky post, I have all the trending indicators
NYSI with 5/3 stochastics overlay is fairly good at the intermediate trend
NYSI cumulative is great for longer term etc
http://breakpointtrades.com/controls/preview.php?la_id=878
see the section that is entitled:
NYSI Indicators
Useful for longer term signals and useful for help with managing 401Ks
I prefer to use the
Posted by steve on 17th of Mar 2010 at 12:44 pm
I prefer to use the terms: uptrend and downtrend versus bullish or bearish which are quite subjective. I have been stating the trend every night on the recaps and will announce when it changes. It will change when the market begins to make lower highs AND lower lows. Again, see last nights recap for clarity.