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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: wizzards wine who wrote (23017)	8/11/1999 8:39:00 PM
From: Gottfried	Read Replies (1) \| Respond to of 34811

wiz, the new buys and sells - where are they found? G. [end]

To: wizzards wine who wrote (23017)	8/11/1999 8:55:00 PM
From: James Strauss	Read Replies (5) \| Respond to of 34811

Don't know how or where your referanced 6 ot 1 Sells vs buys comes in, but it is not of inportance to P&F... Wizzie: Whether or not New Lows are important to Pnf, when you have over 240 New Lows with only 40 New Highs I think it is worthwhile taking notice of this imbalance... decisionpoint.com Note the strong correlation of market corrections and large numbers of New Lows... Conversely, Note the correlation between small numbers of New Lows and Up movements in the market... Combining signals from PnF and classic TA helps get a balanced perspective for market timing... At least it works for me.... : > Jim