Billy,

I'm still struggling a bit about how best to use the TICK indicator. For instance, yesterday the market was selling off hard in the morning but bottomed early afternoon and proceeded to gain strength in the last hour. Did the TICK give one an advance read on this? Should one look at this in a divergence sort of way (lower price on the index but less negative TICK number indicates a point where one might enter, etc.)?

Could you elaborate a bit on how you use it?

Thanks very much.