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Strategies & Market Trends : Point and Figure Charting

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To: Bwe who wrote (4035)	6/24/1998 7:31:00 AM
From: iGregor	Read Replies (1) of 34808

Selling Climaxes (SC) are a subtle sign that people are scooping up beaten down stocks and bringing them off their 52 week lows to at least finish with a gain for the week. SC's indicate a subtle shift to the demand side of things and large numbers of SC's usually occur at market bottoms. The reverse is true of Buying Climaxes (BC). How are numbers of SCs &/or BCs determined? Thanks. Greg

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