Posts by "daveo"

When a new FOMC member joins he is taken into the back room and genetically wired to appose deflation at any cost.

It will not be long before our scientists have the capability to genetically modify all world leaders, bankers and people in positions of great responsibilty to mankind. Roll on that event I say.

Cornish are masters at fairy tales. But actuallllly I come from Oxford before retiring here :-)

I aint in Wales. Besides Wales has produced some fantastic singers and film stars :-)

Me in Cornwall, land of the contrarians. Live about 6 miles from King Arthur's castle.

Yea, overbought and oversold are relative terms. Most common indicators simply reflect what price has already done. The ADX DMI can be semi useful for judging momentum and the DMI cross can act as a trigger if you already have a directional bias for a trade set-up. Likewise you could use a 50 CCI with 14CCI overlay and when they both cross the zero line together you will get a reasonable success rate on entries. Having said this the CCI's are only mirroring price but the pictorial provides a clearer entry. Also study divergence in relation to your CCI's.

Agreed SB.