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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: Dick Brown who wrote (9113)1/17/1999 4:11:00 PM
From: Michael Quarne  Respond to of 12039
 
Hi Dick,

Yes that is very true.

Jesse Livermore Said, "The recording of past performances under similar conditions becomes of inestimable value to the investor or speculator. At such times he must entirely ignore personal opinion and apply strict attention to the action of the market itself. Markets are never wrong - opinions often are."

Arctic Mike



To: Dick Brown who wrote (9113)1/17/1999 4:20:00 PM
From: Richard Estes  Respond to of 12039
 
Look at times when new lows were >100 for NYSE and >150 for Naz. You might use a 5 day MA of lows to plot.