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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Al Serrao who wrote (2252)4/5/1998 2:19:00 PM
From: Ms. X  Respond to of 34811
 
Hi Al,
I'm taking off for a few days and will be back in town Tuesday night.
Briefly, if an RS just turns positive or negative this is a good entry and indicator for a short term (at least) trend. Kind of like the daily momentum just turning positive or negative except the daily momentum is much shorter term (10 weeks or so) RS can last for years. Giving new buy and sell signals on RS's are indicators too but I'm running out the door.
If Tommy goes to Dallas I probably wouldn't be there, unless it is a PHLX seminar and I'm working for them.......
Never know :-)

Talk soon,

Jan I am