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Strategies & Market Trends : Classic TA Workplace
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To: Moominoid who wrote (63634)1/13/2003 5:09:26 PM
From: At_The_Ask  Read Replies (2) of 209892
 
It's the precentage of stocks in the nazdaq 100 that have given point and figure buy signals(I'm guessing that are in a column of x's?). The theory is that when too large a percentage of stocks are pointed up the index is overbought.
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