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Strategies & Market Trends : Point and Figure Charting

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To: OX who wrote (23048)	8/12/1999 3:01:00 PM
From: Tammy DeRosier	Read Replies (3) of 34811

You have a great question about the raw data on the number of stocks rising versus falling, adding more X's versus O's. The problem is we just started collecting that data not too long ago so the historical data is very limited to go back and do some type of study on. Of course, we look to the number of new buys versus new sells to get a better idea of what the market actually did that day. Remember the Dow Jones or S&P 500 could be up strong like back in July of last year but more stocks giving sell signals which suggests a very narrow market. I wish I had a better answer for you but do know that we are working on that data. Tammy

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