Hello be!
While I am learning some of the PnF method, I got the book more for the relative strength analysis that is laid out in the book. The first 3 chapters deal with the basic PnF method, but the rest of the book deals with relative strength analysis and their primary/secondary market indicators. The last chapter lays out the three step used to find the strongest stocks in the strongest sectors when the market is rising, and the weakest stocks in the weakest sectors when the market is falling. Since I do not like buying individual stocks, I am going to use the method to buy the strongest ETF's.
BTW, the one thing that I have leaned from you was to look at the TRIN. I have it plotted on top of the SPX price chart, and it is pretty good at calling short term moves. I don't trade on it, but it is neat to watch (call me weird!).
Good Luck!
Market Data 
Markets 
AI
