Replies to post #1934 on RENKO CHARTS

[leftyg]

ron...the renko of the Institutional buying ticked up late in the day..and of course MVV among other things followed.

I sold half of MVV to cash at the close..holding the other long, mainly because renko says to..

You know..one of the nice things I always liked about P&F was it eliminated the endless chatter about indicators. Price is the best indicator of all..and only renko and P&F focus on price alone.

Of course, if you enjoy the endless chatter about indicators and what "may" happen, possibly, maybe, outside chance, "it happened at this level in 1997", "there was another Hindenburg omen noted", etc..you don't care for renko or P&F. lol.