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

To: ivan solotaroff who wrote (9000)	12/8/1997 3:01:00 PM
From: Esteban	Read Replies (1) \| Respond to of 79327

Ivan, My understanding is that a close ABOVE the signal day's low is what makes it the signal day. I like that definition, think I'll stick to it. I'm a little torn here though, because if the high volume continues the following day and prices rise from the low of the previous almost signal day without breaching that low, it seems like an extension of the same principle, just not fitting into the confines of the daily open/close. Now if the prices of the next day violate the low of the previous day, we're looking at perhaps a new signal day if there is the appropriate volume. What do you think about the new higher low that is lower than a previous higher low but higher than the signal low? (Is that a confusing sentence or what?), like on ACTM today. Do you pull all bets on ACTM now unless a new signal is generated? Am I wearing you out with this PGDCEB discussion? Am sure the rest of the thread has learned to skip my posts by now. Esteban