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

To: Gottfried who wrote (7300)	9/15/1998 3:03:00 PM
From: stan s.	Respond to of 34810

Hi Gottfried, I simply plotted the blue lines to show what has happened as these momentum indicators have pulled up from oversold in the past. They trigger buy signals as they cross up over their respective horizontal lines....sell signals as they dip below. Remember this is a WEEKLY chart so each week becomes a Candle in this chart....by the same token a 10 day RSI becomes a 10 week or period RSI....thus...IMHO gives the somewhat capricious momentum signals a bit more validity. The software is Metastock. Stan