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

To: Challo Jeregy who wrote (14585)	2/23/1999 10:40:00 PM
From: Don Pueblo	Read Replies (2) \| Respond to of 34817

It's not the oscillator, it's the signal. There is one page in the book that has some grahics of a signal. I call it the "camel hump". I use it on a 13 period RSI. For a sell signal, you look for a higher high on the price, with a lower high on the oscillator. There are refinements, but that's the basic. Look for that page and you'll see it. He has three categories, best, good, and OK. Forget about the good and OK, just check out the best one. It also works on stochastic, and other oscillators. Check out a daily chart on the COMP with a 13 period RSI, and you'll see it really clearly.