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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (20064)6/11/1998 8:52:00 PM
From: Nancy  Read Replies (1) of 94695
 
Bill,

I know that - Cabot's 2-second indicator actually uses 40 new low for a consecutive 5 days being the red flag.

But the divergence between new high & new low in comparison with market price new high & new low also counts. There are historical examples & how to interpret such data in a book written by the famous chartist Justin Mamis (spelling) - hard to find book though, even thru AMZN. :)
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