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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: bruce-l who wrote (35067)4/11/2000 4:47:00 AM
From: Doug R  Read Replies (3) | Respond to of 79371
 
Bruce,

Looking for .17 to signal a ratio bottom which would mean a price bottom that would be taken as a final "weak hand" shakeout in a couple weeks. Confirmation of a bottom would be seen if the ratio can jump (and I mean jump) over 1 without retracing back below .65 as 4/24 gets close. S&P may very well be below 1438 into 4/24. The ratio really gets important going into both the price and magnet trendline intersections.

This is getting mighty interesting.

Doug R



To: bruce-l who wrote (35067)4/12/2000 12:07:00 AM
From: bruce-l  Read Replies (2) | Respond to of 79371
 
3drsi/indrsi ratio

3drsi in3drsi RATIO pre3drsi prein3drsi
hits hits hits hits

Last Mon 34 53 0.64 10 26
Last Tues 40 54 0.74 3 42
Last Wed 40 75 0.53 2 44
Last Thur 40 104 0.38 4 18
Last Fri 35 103 0.34 4 7
Monday 35 100 0.35 3 7
Tuesday 32 99 0.32 4 7
Wednesday
Thursday

bruce