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Hi Norman,
You Wrote:
The criteria for a buy signal is a reading of 120 or higher.
Following is a list of the buy signals for this year:
DATE 5 DAY ARMS
1-4 128
1-28 121
4-14 165
5-3 126
5-25 121
6-9 125
4-30 122
7-5 125
Question: In any of these instances, particularly the 165 reading on
4-14, did several above 120 values occur before the final value you posted
(above)? In other words, do you sometimes see a series of plus 120 values,
and then in hindsite choose the value that was the peak?
It seems an inevitable occurence, and perhaps yesterday was the beginning of
such a series.
Just sharing a thought.
Bo.
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