CALDEIRÃO DE BOLSA

Luxor Escreveu:Sacramento esse indicador tem o teu copyright, ou é baseado noutro ou noutros ?

"Lines" May Substitute for Secondaries
A Line in Dow Theory parlance is a sidewise movement (as it appears on
the charts) in one or both of the averages, which lasts for
two or three weeks or, sometimes, for as many months, in
the course of which prices fluctuate within a range of approximately
5% or less (of their mean figure). The formation
of a Line signifies that pressure of buying and selling
is more or less in balance. Eventually, of course, either the
offerings within that price range are exhausted and those
who want to buy stocks have to raise their bids to induce
owners to sell, or else those who are eager to sell at the
"Line" price range find that buyers have vanished and that
in consequence they must cut their prices in order to dispose
of their shares. Hence, an advance in prices through
the upper limits of an established Line is a bullish signal
and, conversely, a break down through its lower limits is a
bearish signal. Generally speaking, the longer the Line (in
duration) and the narrower or more compact its price
range, the greater the significance of its ultimate breakout.
Lines occur often enough to make their recognition essential
to followers of Dow's principles. They may develop at
important tops or bottoms, signalizing periods of distribution
or of accumulation, respectively, but they come more
frequently as interludes of rest or consolidation in the
progress of established Major trends. Under those circumstances,
they take the place of normal Secondary
waves. A Line may develop in one average while the other
is going through a typical Secondary reaction. It is worth
noting that a price movement out of a Line, either up or
down, is usually followed by a more extensive additional
move in the same direction than can be counted on to follow
the "signal" produced when a new wave pushes
beyond the limits set by a preceding Primary wave. The
direction in which prices will break out of a Line cannot be
determined in advance of the actual movement. The 5%
limit ordinarily assigned to a Line is arbitrarily based on
experience; there have been a few slightly wider sidewise
movements which, by virtue of their compactness and
well-defined boundaries, could be construed as true Lines.
(Further on in this book, we shall see that the Dow Line is,
in many respects, similar to the more strictly defined patterns
know as Rectangles which appear on the charts of individual
stocks.)

rsacramento Escreveu:

JorgeNevada Escreveu:Oportunidades long numa altura contorbada precisam-se:

AXA ( CS.FR)

jorge: este tópico em princípio é para índices, e além disso essa tua mensagem já foi integralmente publicada noutro local, pelo que não há necessidade de estar a repetir as coisas

JorgeNevada Escreveu:Oportunidades long numa altura contorbada precisam-se:

AXA ( CS.FR)