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Strategies & Market Trends : Tech Stock Options
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To: Esteban who wrote (33881)1/22/1998 6:34:00 PM
From: Patrick Slevin   of 58727
 
That's the general idea with patterns. try to I.D. them in whatever fashion seems appropriate....log them....then find a common bond between each of the "sets" and finally label them.

For example, if you find a series that come down from a rally but weak, as you called it (I think), store it in one folder. Another that comes down hard then store it in another. After a period of time you might find that 9 out of ten times they come down weak so why have 2 identifiers? All you really need is one identifier that has a 90% probability.

All I am saying is that it does not have to be rocket science.
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