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To: Labrador who wrote (2912)12/14/1999 1:37:00 PM
From: Dennis J Baltz  Read Replies (2) | Respond to of 24042
 
Look at this chart.
Williams %R has an excellent ability to anticipate price extremes and many times forms a top or bottom and reverses days before the securities does. The chart is read upside down with peaks designates as lows on the %R scale. Oversold readings occur in the 80-100 range and overbought readings in the 0-20 range.

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