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Strategies & Market Trends : Point and Figure Charting

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To: Mr. BSL who wrote (8744)10/16/1998 9:44:00 PM
From: Dennis J.  Read Replies (1) of 34816
 
Dick,

Building on Bruce's discussion of the two-second indicator, I suggest you also track a 5-day moving average. You could construct a simple two-second stochastic (TSS, plot or table, with a buy when the 5-day ma crosses below the 10-day ma, and a sell/warning when the 5- crosses above the 10-.

I have seen plots of the TSI, and it seems to work well.

Dennis
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