|
PureBytes Links
Trading Reference Links
|
Hi Tom,
very good to know that you still active on this list !
about what time frames and markets you are speaking here :
> years ago
> for someone to tell me that the market is in a trading range 76-82% of
> the time and the other 18-24% of the time it trends either up or down
> and the price activity prior to a trend is usually characteized by a
> tight trading congestion area. also that markets tend to
> trend up about
> 2-2/12 times longer than down because buying is a cumulative margin
> driven process whereas selling is a "one decision" "I don't
> like it" to
> sell.
> >
> best regards,
>
> tom demark
>
Best Regards
Frank Koch
|