RodDavid posts

Feed

Q: When is a signal not a signal? A: When it's another signal

This post was written by Minyanville contributor Rod David.

One of my favorite setups is a "session-long rally" (or session-long decline). Its primary elements are a gap up above the prior afternoon's high, that is maintained through a relevant timing window. Two other critical elements were both fulfilled. Notice how the gap up failed to remain above yesterday afternoon's high. The story doesn't stop there, as just a signal that failed to trigger. Its failure has all sorts of implications.

Continue reading Q: When is a signal not a signal? A: When it's another signal

Symbol Lookup
IndexesChangePrice
DJIA+72.8112,874.04
NASDAQ+27.512,931.39
S&P 500+9.131,351.77

Last updated: February 13, 2012: 04:29 PM

Hot Stocks

General Electric

19.07+0.195(+1.03)

Alcoa

10.32+0.03(+0.29)

Apple Inc

502.60+9.18(+1.86)

Google Inc 'A'

612.20+6.29(+1.04)

Bank of America

8.25+0.18(+2.23)

Wal-Mart Stores

61.79-0.11(-0.18)

Exxon Mobil Corp

84.38+0.58(+0.69)

Ford

12.54+0.10(+0.80)

Citigroup

32.89-0.035(-0.11)

IBM

192.51+0.09(+0.05)

Yahoo

16.12-0.02(-0.12)

Starbucks

49.25+0.43(+0.88)

Microsoft

30.58+0.085(+0.28)

Home Depot

45.955+0.625(+1.38)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1329168596383 ms.