Comments on: A counter-trend coming? http://www.1stMillionAt33.com/2008/08/a-counter-trend-coming/ A site to share my tips, tools, and humble thoughts on the journey to wealth Sun, 02 Oct 2011 19:26:45 +0000 hourly 1 http://wordpress.org/?v=abc By: Leroy Sterling http://www.1stMillionAt33.com/2008/08/a-counter-trend-coming/comment-page-1/#comment-4569 Leroy Sterling Fri, 29 Aug 2008 18:19:17 +0000 http://www.1stMillionAt33.com/2008/08/a-counter-trend-coming/#comment-4569 You made a very good call on the natural gas and financials. I would sure like to know what parameters and indicators you use for stock picks or ETF's or indexes. You made a very good call on the natural gas and financials. I would sure like to know what parameters and indicators you use for stock picks or ETF’s or indexes.

]]> By: watchmebecomeamillionaire http://www.1stMillionAt33.com/2008/08/a-counter-trend-coming/comment-page-1/#comment-4520 watchmebecomeamillionaire Thu, 14 Aug 2008 21:13:51 +0000 http://www.1stMillionAt33.com/2008/08/a-counter-trend-coming/#comment-4520 I like the MACD as well as an indicator of trend. The ADX is something I use as well in conjunction with the MACD (of course I favor trading currency instead of stocks so I am not sure if the ADX is available for stocks, you think it would be). Your first chart there looks good, MACD is showing a good point of turning, and to make it better you see a breakout in the price from a few days ago. The only problem I don't know how strong or if there really is a trend forming. I would probably be optimistic that it would hit 140 again soon but I really don't trade stocks anymore. Good Luck I like the MACD as well as an indicator of trend. The ADX is something I use as well in conjunction with the MACD (of course I favor trading currency instead of stocks so I am not sure if the ADX is available for stocks, you think it would be). Your first chart there looks good, MACD is showing a good point of turning, and to make it better you see a breakout in the price from a few days ago. The only problem I don’t know how strong or if there really is a trend forming. I would probably be optimistic that it would hit 140 again soon but I really don’t trade stocks anymore.
Good Luck

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