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


To: bdog who wrote (15529)4/26/1998 11:55:00 PM
From: Doug R  Respond to of 79449
 
Bituminous Dog,

In a flatly up or down trending stock arithmetic is better and in a stock or market going parabolic (up or down) log is better. That's just my take on it though.

Since inside days are either consolidation or distribution (mutually exclusive events), it is always best to wait for a signal of some sort. I was well aware of the situation with AINN as it related to that inside day which is why I was stalking that apex on Thu. I stated that a break to the upside would have been a buy signal and figured everyone would realize that the reverse was implied.

Doug R