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[RT] Re: [TimeandCycles] Re: Arms index



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new low nyse 1973
new lows nasdaq 976
this implies  re visit of lows in 3-8 buss days
Ben
----- Original Message -----
Sent: Monday, October 06, 2008 7:36 PM
Subject: [TimeandCycles] Re: Arms index

Bob,

I took this to mean Jay was saying THE NUMBER OF NEW LOWS could be
higher than 1662 by the time the market closed.

--- In TimeandCycles@yahoogroups.com, Bob Carver <bcarver@xxx> wrote:
>
> Jay,
>
>  
> "Only 1 new high and 1662 new lows at 2pm
>  
> Maybe higher at close"
> New high and new low numbers can't go down within the same session.
Once a stock hits a new high or new low in the current session, it
counts for that session. It doesn't matter if it doesn't close there,
the event still counts.
>
> --Bob Carver
>



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