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

To: james ball who wrote (8197)	10/3/1998 10:26:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 34822

James: Don Hayes has a good market sense... Here is something pointing to an oversold condition... marketgauge.com Jim

To: james ball who wrote (8197)	10/3/1998 11:44:00 PM
From: Gottfried	Read Replies (1) \| Respond to of 34822

Tom, you said > Don has gotten even better over the years and his discussion of the Arms index is worth watching.< Are you also saying the Arms index is worth watching and do people you know watch and heed it? After I read the Arms article a few days ago I charted this index for the DJIA. geocities.com If a low Arms index is a buy signal, then we're near it. My Y-units are not the same as Arms'. (to other readers: the Arms index measures daily volatility and charts the 10 day moving average of volatility. When the indicator is low, volatility is high. What is being measured is the volume needed to cause the index to move one percent) Gottfried