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![]() | Direction of the Stock Market and the Trend ! W.D Gann said his greatest discovery is Price and Time Square, but I will give you the count of days and date method to get the trend. Example: This Washington Mutual Stock is going down big time again in January. WAMPQ 11/3/2010 price at $14.41 and withn 1,441 hours of which is 8 weeks and a total of 60 days (6) to the date of 1/1/2011 (6) for a change of trend from the HI of December. Short positions get ready next month. 60, 6 + 0 = " 6 " and 1/11/2011 = " 6 " ![]() Like Price and Time balance the count of days and date balance will compelete your trading. | ||
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![]() | Re: Direction of the Stock Market and the Trend ! | ||
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![]() | Re: Direction of the Stock Market and the Trend ! Dec 23, 2010 136.09 136.25 134.60 135.60 811,100 135.60 Dec 22, 2010 136.76 137.00 134.83 136.17 1,374,000 136.17 Dec 21, 2010 136.06 136.99 133.93 136.64 1,726,600 136.64 Dec 20, 2010 136.75 136.99 133.34 135.60 2,089,400 135.60 Dec 17, 2010 135.01 138.24 132.63 136.01 17,578,500 136.01 open hi lo closed adjusted Going back to August 10th which is 135 days to 12/23 $135.60. There is a spike in volume on the 12/17, and the stock price hasn't advance of which time and price came together. I would watch out for this stock on the short side, but I be caution about NFLX unitl January. Lots of people are talking about the books on NFLX, but I would look further into this matter. | ||
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