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Worden Discussion Forum
Thank you Peter for your help. I too have SF but I am too lazy to really get my hands dirty to take it apart and then back together. I am stuck in my old fashioned ways with Telechart....
If you have the time could you please do an analysis of APWR? I have been burned twice by this one and in both cases I did not adhere to my own set rules. On the RSI 2 APWR is really over-sold. Are you getting a buy signal on the "TD-Sequential?
Again thanks for your time...
How are you Signaltap?
You have been forcasting doom for some time now and I am trying to see what you are in the charts and I just cannot find it. I am seeing a possitive divergence on the MACD and long term stochastic as shown in my chart below. I see this divergence even in your chart. Your Stochastic roll-over has "whip-sawed". The MACD showed us a negative divergence in the second to third quarter 2009 that only led to higher prices. In my opinion you should not give merrit to a MACD divergence when comming off a "V" bottom as the initial thrust will be steeper than the follow up action just due to the nature of the pattern.
Just sharing my observations and not trying to start trouble. In fact I would love to read your rebutal in reference to my point of view on this.
Off-topic post removed.