J. Welles Wilder developed the Average Directional Index (ADX) in order to evaluate the strength of the current trend, be it up or down. It's important to determine whether the market is trending or trading (moving sideways), because certain indicators give more useful results depending on the market doing one or the other.
ADX is an oscillator that fluctuates between 0 and 100. Even though the scale is from 0 to 100, readings above 60 are relatively rare. Low readings, below 20, indicate a weak trend and high readings, above 40, indicate a strong trend. The indicator does not grade the trend as bullish or bearish, but merely assesses the strength of the current trend. A reading above 40 can indicate a strong downtrend as well as a strong uptrend.
ADX can also be used to identify potential changes in a market from trending to non-trending. When ADX begins to strengthen from below 20 and/or moves above 20, it is a sign that the trading range is ending and a trend could be developing.
The ADX for SVMI is 53.30 and increasing!
-------------------- If you do your 20's right, You are set for life.
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I bought back in today at .023....this thing dips daily it seems just have to be patient and you can get a good buy in for a quick 20% or so....Im holding these until she pops ;-)
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I'll post my chart after close and do some analysis for next week if you guys want. Right now looks like a nice range between 0.025 and 0.026. Decent suppourt at 0.025 and a decent resistance at 0.026. If we close above 0.026 it is a hell of a bullish sign to me....only my opinion.
-------------------- If you do your 20's right, You are set for life.
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Great day today overall...only a small dip near lunch and then stuck to the open almost all day and even broke it several times....thats sign for good things to come on Monday ;-).....Yall have a good easter!
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HOUSTON, Apr 18, 2006 (BUSINESS WIRE) -- Systems Evolution, Inc. (OTCBB:SEVI), a leading integrator of Microsoft tools and provider of business consulting services, announced today that it's permanent placement division, Next Hire, Inc., has achieved over $140,000 in revenue for the month of March, 2006.
"Another goal exceeded by the excellent performance of our Next Hire Team. Continued strength in the oil and gas and infrastructure markets is leading us to further expand these operations," stated Mr. Robert Rhodes, CEO, "And remember our conference call on Wednesday, April 19, 2006 at 10:00AM Eastern, Dial 1-800-446-1671, Confirmation number 14357879, Host: Mike Campbell, and learn more about SEVI and it's plans for 2006."
About Systems Evolution, Inc.
-------------------- Trading is a blast!!
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quote:Originally posted by matto: HOUSTON, Apr 18, 2006 (BUSINESS WIRE) -- Systems Evolution, Inc. (OTCBB:SEVI), a leading integrator of Microsoft tools and provider of business consulting services, announced today that it's permanent placement division, Next Hire, Inc., has achieved over $140,000 in revenue for the month of March, 2006.
"Another goal exceeded by the excellent performance of our Next Hire Team. Continued strength in the oil and gas and infrastructure markets is leading us to further expand these operations," stated Mr. Robert Rhodes, CEO, "And remember our conference call on Wednesday, April 19, 2006 at 10:00AM Eastern, Dial 1-800-446-1671, Confirmation number 14357879, Host: Mike Campbell, and learn more about SEVI and it's plans for 2006."
About Systems Evolution, Inc.
This is NOT SEVI, its SVMI.....or SAVI MEDIA....sounds similar but its not....lol
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NEWS JUST IN.... SVMI PULLED FROM SHO LIST TODAY
**********: ITKG, PRTX, QMMG, SHCM, SVMI, TGLO Have Also Been Removed From Naked Short List Today via COMTEX
April 18, 2006
Apr 18, 2006 (M2 PRESSWIRE via COMTEX News Network) --
www.**********, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short threshold list: Integral Technologies, Inc. (OTCBB: ITKG), Protalex, Inc. (OTCBB: PRTX), Quest Minerals & Mining Corp. (OTCBB: QMMG), Southern Cosmetics, Inc. (OTC: SHCM), SaVi Media Group, Inc. (OTCBB: SVMI), Theglobe.com, Inc. (OTCBB: TGLO). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.**********.
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