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<DIV><FONT face=Arial size=2>In # 4325 Hal Brehe pointed out another interesting
property</FONT></DIV>
<DIV><FONT face=Arial size=2>of Relative Slope.</FONT></DIV>
<DIV><FONT face=Arial size=2>"only enter a trade when the Weekly chart indicates
a positive slope, </FONT></DIV>
<DIV><FONT face=Arial size=2>thus reinforcing the daily slope
indicators."</FONT></DIV>
<DIV><FONT face=Arial size=2>Generalizing this, we can see that </FONT></DIV>
<DIV><FONT face=Arial size=2><STRONG>turning points (PIVOTS) of
weekly</STRONG></FONT><STRONG><FONT face=Arial size=2> Relative Slope
chart,</FONT></STRONG></DIV>
<DIV><STRONG><FONT face=Arial size=2>especially out of the [-2, +2] band, give
very</FONT></STRONG><FONT face=Arial size=2><STRONG> reliable indication
</STRONG></FONT></DIV>
<DIV><FONT face=Arial size=2><STRONG>for a major trend reversal of the
stock.</STRONG></FONT></DIV>
<DIV><FONT face=Arial size=2>Look at points A, B, C, D of att. gif.</FONT></DIV>
<DIV><FONT face=Arial size=2>1. The delay is zero in each "signal".</FONT></DIV>
<DIV><FONT face=Arial size=2>2. Whipsaws are absent.</FONT></DIV>
<DIV><FONT face=Arial size=2>3. Each pivot is determinative and the result
</FONT><FONT face=Arial size=2>is 4 or 5 ascending </FONT></DIV>
<DIV><FONT face=Arial size=2>weeks in a BEARISH market !! </FONT></DIV>
<DIV><FONT face=Arial size=2>Congratulations Hal !!</FONT></DIV>
<DIV><FONT face=Arial size=2>Excellent idea.</FONT></DIV>
<DIV><FONT face=Arial size=2>I have now one more reason to believe thatRelative
Slope is one</FONT></DIV>
<DIV><FONT face=Arial size=2>of the most efficient Technical Analysis
Tools.</FONT></DIV>
<DIV><FONT face=Arial size=2>Thank you very much Hal for sharing.</FONT></DIV>
<DIV><FONT face=Arial size=2>Best Regards</FONT></DIV>
<DIV><FONT face=Arial size=2>Dimitris
Tsokakis<BR><BR></DIV></FONT></BODY></HTML>
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