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Strategies & Market Trends : Point and Figure Charting

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To: Bwe who wrote (4035)6/24/1998 1:20:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) of 34806
 
. I believe I posted at the end of April that there
was a record 208 BC's. Not far from the top. That same week there were only 2
SC's. Extreme numbers of BC's or SC's at any time should raise a caution flag.


we can see the value of this if your stock is in one of the categories
but it becomes harder when we are discussing the overall market

208 to 2 is pretty extreme

but what is a general extreme that shows you are nearing a top
or bottom

I know that is difficult to judge, for sure
but just in general what has been your observation

btw, I love all your information

(I have to let you know every once in awhile that you are appreciated ;-)))))))
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