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

To: Chris who wrote (7540)4/7/1998 11:21:00 PM
From: donald sew  Respond to of 42787
 
Chris,

I also have a NEW HI/NEW LOW system, where I take the 2,5,10,20 day moving average and chart it. You are correct, it is also saying SELL.

So, if we do get a pop tomorrow, as my short-term TA says - BUY PUTS ON THE POP.

Seeya



To: Chris who wrote (7540)4/8/1998 5:55:00 PM
From: Claud B  Read Replies (1) | Respond to of 42787
 
Chris,

There's an interesting indicator some people use:
If the new lows list equals 1% of the total issues traded,
that has been a sign in the past that a top is in for the
time being.

Yesterday new lows equalled 1% of total issues traded on the NYSE.

Claud


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