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Strategies & Market Trends : today's chart

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To: TechTrader42 who wrote (496)9/3/1997 9:36:00 AM
From: Chandler H. Everett   of 1267
 
Brooke........once a stock is under the influence of heavy short to intermediate term accumulation as measured by TA, price-earnings ratios mean NOTHING! The stock must run out of steam some day because of it being overvalued fundamentally, but wait for TA to tell you that it is.

BTW, did you have a chance to look at the formula I posted here a few days ago that gives early indication of trend changes when used on a weekly chart.....

(CCI(13)-Mov(CCI(13),13,W))/Std(CCI(13),13)*100

BW Chan
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