ron..yes, the weakness of the rebound from the days of selling is quite telling, I think. I will sell most of my MVV (and will sell the rest when the renko trend changes..meaning seeing a red brick at close, or another white brick made) and remain in cash until the trend becomes more clear. For those of us who have understood the power of P&F..it does make more impressive what Charlie Dow did years ago...renko just makes it easier. regards.
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