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Strategies & Market Trends : Point and Figure Charting

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To: Challo Jeregy who wrote (25344)	5/6/2001 7:16:22 AM
From: Atin	Read Replies (2) of 34816

Not personally, personally - hey, I could have bugs, but not this time <g>. The difference is that if you calculate these numbers everyday like we do, as opposed to once a week like some other places, you sometimes see these movements as they happen but they seem almost too fast. A friend also does a 10 day moving average of the daily numbers which seems to work pretty nicely to smooth the numbers out (that's at 72.8 right now). This is the page on StockCharts.com that I always take a look at for the bullish percent numbers (the charts are of bullish percent numbers, but in SharpChart form, which actually works pretty nicely for looking at bullish percent numbers at a glance - and it also has a 20 period and 50 period moving average on the page): stockcharts.com -A

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