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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (2669)4/29/1998 11:10:00 PM
From: Smooth Drive  Read Replies (1) of 34810
 
Hi Jan,

You referenced a "Daily momentum". Is that a term you use due to the stock giving a new buy signal? Or, is it a particular indicator you get with the more expensive service on the DWA portfolio site, like the weekly momentum?

If it is another indicator, can you tell me anything about it?

Us cheap seats get a weekly momentum signal that's a smoothed 1 week and 5 week moving average. If there is a daily momentum indicator, and If you can tell me how it's constructed, I'll fax you a drink of your choice.

Regarding SLB being a spread quad -- it sure does resemble a catapult.

Better Investing,

Eric
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