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awortman1
Posted : Wednesday, April 20, 2005 1:21:06 AM
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Joined: 3/4/2005
Posts: 8
 I reviewed the chart for PRZ yesterday evening and noted the following: MS, TSV and Stochastics all had pronounced downward slopes and were below moving averages- but- there was a great deal of BOP buying. When the indicators diverge so greatly, is there a way to resolve these contradictions so as to give a buy or sell signal?
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Doug_H
Posted : Wednesday, April 20, 2005 8:06:55 AM


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Joined: 10/1/2004
Posts: 4,308
 Look back in the past history of the stock. Which of the indicators gave the more reliable signals in the past? Sometimes, you'll find that BOP, or other indicators, just don't seem to work well with a particular stock. If you go back in history and find that BOP didn't really correlate well to price movements in the past, you may want to ignore it today.
- Doug
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