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Strategies & Market Trends : Point and Figure Charting

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To: james ball who wrote (5272)	8/1/1998 2:08:00 PM
From: Quest	Read Replies (1) of 34811

Tom, Thank you for your post. You and Jan are both class acts - both of you have contributed freely without reservation. We appreciate it. On a slightly different subject, as a subscriber to DWA (strictly cheap seats) is there a momentum indicator or a proxy momentum indicator that one could use? Does IBD's RS ranking serve as a good proxy? The problem with IBD's RS indicator is we do not know whether the RS is in an uptrend or a downtrend. I'm wondering if the P&F RS indicator coupled with IBD's RS indicator might serve as a reasonable momentum indicator. I would appreciate your, or anyone elses comment on this. Thanks again for contributions. -Q

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