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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: P.Prazeres who wrote (23282)8/6/1998 5:52:00 AM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
Paulo,

Read Stock Market Logic by Norman Fosback and you may change your mind. Certainly new lows can indicate bearishness at peaks and divergences from price patterns... I use new highs/new lows as part of my binary review process. But from MY standpoint, market "orderliness" is MUCH more important as a disorganized market results in the situation that happened Tuesday.

Bill