Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: james ball who wrote (20157)	5/20/1999 8:41:00 AM
From: arno	Read Replies (1) \| Respond to of 34811

Good morning Tom, Is this the day for the video on the web site? Dan

To: james ball who wrote (20157)	5/20/1999 1:17:00 PM
From: kaz	Read Replies (1) \| Respond to of 34811

"These indexes must move below 70% to change risk levels. Or exceed a previous bottom.. The reversal is enough to cause action on a short term basis on any sell signals. Remember this is an art not a science." I don't mean to belabor the point, but the HILO index is at 66 having reversed from a high of 80. As a newbie, it seems that the rules are being disregarded, and I'm struggling to understand why. I realize that a move to below 70% should change an index to Bear Confirmed. But doesn't a reversal when the index is above 70% change it from Bull Confirmed to Bear Alert? Thanks for the responses. Paul Kaz