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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: mark bluhm who wrote (1657)6/19/1997 12:46:00 AM
From: Bill Sandusky   of 3325
 
Hello Mark,

Well Mark, determing a target price using BradCCI requires smoke and mirrors and lots of imagination. . There's nothing scientific about how this is done and surely defies all mathematical principals. All I'm doing is "dragging" the Redline, Brad_SD and Brad1 indicators to overlay the price. Then draw a horizontal line that connects most recent highs/lows and read the indicated price. Amazing how accurate this has been on a number of calls. It's not supposed to work this way and is no doubt very flawed but again it seems to work on many occasions. We'll take a look at TAINJ. Glad to hear you'll be attending.

Chuck Johnson has gotten out of stocks and into options or maybe it's futures. In any event, Chuck won't be attending this time around.

See you soon in Joisy,
Bill
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