SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Dorsey Wright & Associates. Point and Figure
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rich1 who wrote (3750)12/29/1999 11:20:00 AM
From: Ms. X  Read Replies (1) of 9427
 
The 10 week moving average indicator reversed up yesterday. The High Low index is still well in O's and not close to reversing up.

With the Optionable BP still in O's (improved slightly on the week) and this only being one short term indicator in X's you still must be careful. Might see big rallies followed by big pullbacks or the other way around.

Now we keep an eye on that High Low index. If that reverses up we have the short term trade in play but until the OPTI reverses back up things are gonna be a little tricky.

That NYSE BP is hanging on for dear life isn't it?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News