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If it is pure price driven and a viable way to confirm trend then as long as volume confirmed what it was saying then it possibly could be useful. However, I would always look at what volume, range, and close is doing and correlate that with any reading. Nevertheless, there are times when the...

well it certainly is bullish as far as price itself goes. But that price was made without alot of gasoline on the fire. I have never used DMI. Enlighten me, does it measure only price in it's calculations or does it also incorporate some sort of volume analysis in conjunction with price in it's...

It is a probability call with some risk because while the tape show strenght my software shows it is somewhat (a little) overbought in the very shorterm and therefore ready for a shorterm decline or pullback. However, my experience has been that many times when a stock is bullish and going up...

CPKI should head south some tomm. Lower low than Oct 31st low.

CNMS apart from my own proprietary software I also use tape reading. One assumption in tape reading is that it has already taken into consideration anything that could or has affected price today. The "smart money" or "deep pockets" would have already done what they needed to do for their best...

LYO should make a lower low than oct 31st low on Nov 1. Sorry Cluseau but I see weakness there. Will I have to continue drinking coffee since i don't smoke?

OSTK should make a lower low than oct 31st low on Nov 1

TZOO should trade a little thru Oct 31st high on Nov. 1. I don't expect it to trade up very far though.

XLNX has about a 65% chance to make a higher high than Oct 31st high on nov 1. If it reaches and trades thru 24.13 it will then drop back and probally close midrange or lower. If it doesn't break thru oct 31 st high it will probally trade down and close low.

ADI should make a lower low than Oct 31st low tomm on Nov.1

PMCS should make a higher high than oct31st high on Nov 1 tommorrow

Yes, Nov 1 EEM should make a higher high than today Aug 31st high.

I could be dead wrong. I have been dead wrong lots of times in my years of learning the markets. I forecast for next day most of the time. So, after market closes I will take a fresh look at LYO and make a forecast for tuesday based on the new info. I don't smoke ...need to see the screen...

Thanks. 1 to 3 days. It is harder to forecast indexes but can be done close enough to make money.

My forecast for monday 31st October was: BRCM-UP VZ-UP KCI-bearish HUM-UP CVX-UP LYO-Track sideways but might in addition make a small higher high but still a sideways tren evident. Results as of 10:20 A.M. Central Time monday 31st october BRCM is UP VZ is UP KCI - showing bearish...

yes

I have my own software that analizes pure price action. I also compare that analysis with tape reading techniques that I use.

It is easier to make the call after the fact!! Just kidding. What I meant was that Monday it should continue to retrace and head south some more. Sorry about that! All the calls I am making refer to monday 31st of October even though I am refering to a post made on 26th or 27th ..etc. I am...

LYO should basically track sideways monday. However it might make a small higher high than Fridays high.

CVX should head north monday October 31st. It probally will make a higher high than friday's 28ths high.