Wednesday, December 1, 2010

Great Guest Charts!!!

Most of these are from Darell, a strong contributor!   Thanks Darell.

Colin Twiggs is an appreciated market writer. He keeps it simple and sometimes we can all make it too complicated. However, I say this in all due respect, Twiggs does too much with horizontal support and resistance lines. Clearly, sloped channel lines are doing a better job of showing market behavior. Not sure how he calculates his money flow indictor, but it seems often spot on, sometimes a false alarm.  Purple lines are by me.

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Insightful and Useful Comment!