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

To: Doug R who wrote (40226)	11/29/2001 8:10:47 PM
From: bruce-l	Read Replies (1) \| Respond to of 79216

Doug: That seems to be the pattern that happens all the time. At first it didn't make sense to me till I realized what was happening. It also happens vise versa. Ratio goes down on a good market day like it probably will today. What we need first of all for this to happen is to have the pre hits, the more the better. Without the pre hits we can't add anything new to the Ratio, one side or the other. Anyway, without getting too long winded here because you probably picked up on what I said already and what I am going to say<gggg> Taking into context that most stocks or a good portion of them are going to follow the general market, it makes sense that on an off day for the market, the pre hits (RSI over 97 for 3 days or more) are going to have an off day also, which then puts them into the hits counted for the Ratio. I hope this is making sense to everyone. OK, my scans just got done and it didn't happen like I thought it might, (lower Ratio today) buts that's because we only had 3 prein3drsi hits to work with from yesterday. We got one from there but lost 3 from the in3drsi ratio hits because they happened to be at the end of the scan period from yesterday to today. Now I probably really have everybody confused<lol> I'll stop talking. bruce edit; Keep in mind the Ratio hits are not hits that have signalled, they have had a down day after the required 3 day paste. Pss: The Autotricks have signalled though.