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


To: Smooth Drive who wrote (2681)4/30/1998 12:51:00 AM
From: Ms. X  Respond to of 34810
 
Hi Eric,
Didn't realize that the site didn't offer the daily momentum. Yes, I get it on my service and I will talk to Tom to se if there are plans to upgrade the "cheap seats" :-)
The daily momentum is used as a short term indicator as to direction of the stock. Good for trades and entering or exiting a position. Weekly momentum is the more mid term picture and the monthly is the long term picture.

SLB did do a catapult but Tom Dietz was asking specifically if it broke a double top or a spread quad top.

If the answer pleases you, you can fax me a "beautiful". I like those best.

Jan I am