Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: The Freep who wrote (15878)	8/19/2001 11:45:58 PM
From: donald sew	Read Replies (1) \| Respond to of 52237

Freep, My approach to analysis is normally on a relative basis. For example, my main issue with the NEW HIGHs-LOWs was the WEDGE. That chart on the wedge has already incorportated those issues. Many analysis are linear. I too at times use a linear approach, but I prefer to rely on more relative issues. Another example - In April the NEW HIGHs-LOWs reached 1000 and as of yesterday it was only slightly negative. Using the fact that some firms no longer exists, that still would not account for a 1000 point difference, so its still fair to just say that the recent NEW HIGHs-LOWs are not as negative as APRIL. So my position is that if one looks at if strickly from a linear approach, then thats a valid issue, but from a relative analysis - I dont think it means that much.