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Technology Stocks : Western Digital (WDC)
WDC 157.75+0.4%Nov 14 9:30 AM EST

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To: Sam Citron who wrote (10745)8/29/2003 12:53:37 PM
From: Gottfried  Read Replies (1) of 11057
 
OT, bp

Yes, it's the primary indicator and it is more useful for sharp bottoms. Can stay near top a long time. The mother of all bp is bpNYSE chartcraft.com

Consider that bp is just the percentage of stocks in a group having a PnF buy signal. Once a stock has a buy signal it can rise more without giving another signal, and - it can drop [sometimes a lot] without reversing that buy signal. that's why bpNYSE changes slowly.

Gottfried
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