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# rallies and declines

Hi Rich.

One question about rallies and declines. If I'm not wrong Taylor measured rallies as a difference between BD low and SD high. Your rallies are from BD low to SSD high. Am I correct? If so could you tell us why did you change them the way? Declines of Taylor were from SSD high to BD low and I assume your are the same. Again .. correct?
Just making sure.

Tomo
quote:
Originally posted by tomo

Hi Rich.

One question about rallies and declines. If I'm not wrong Taylor measured rallies as a difference between BD low and SD high. Your rallies are from BD low to SSD high. Am I correct? If so could you tell us why did you change them the way? Declines of Taylor were from SSD high to BD low and I assume your are the same. Again .. correct?
Just making sure.

Tomo

You are right the way you understand Taylor, except for something. Taylor and I have Rallies from BD low and SD high and 3 day Rallies from BD low to SSD high. Your Declines are correct.
Ok maybe I missed it but I think Tylor did not measure rallies from BD lows to SSD highs. Could you point me to the page in the book where he describes it? I missed it somehow :)

quote:
Originally posted by tomo

Ok maybe I missed it but I think Tylor did not measure rallies from BD lows to SSD highs. Could you point me to the page in the book where he describes it? I missed it somehow :)

Page 17 is the 1st instance I found quickly.
this refers to my column R and S

The last column is used for the Three Day Method.
The last column, shows the spread or number of points from a Buying Day Low Point to the Short Sale Day High Point, in points gained and the âTâ means that it exceeded or sold through the Selling Day High. We put in the number of points and the âTâ beside it.
Thnaks
Hi Rich,

Need your help in understanding the significance of the 3 day spread( BD low - SSD High) and Decline and Rally. I presume the 3 Day spread is used to project/ anticpate( quantify) the newer swing. It would be greatful if you can provide an example, so that things can be easy t understand.

Rgds,
Harry