TradersChoice 2000 Message Board

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Strategies & Market Trends : TradersChoice 2000

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To: Tommy Dorsey who wrote (128)	9/23/1999 8:44:00 PM
From: Jeff Jordan	Read Replies (3) of 604

204.232.40.6 Hey Tom, this is cool! How can I find INDU and COMPQ and SPX ? I wanted to see what Ms.X was talking about. Five minutes is fine as long as you remain consistent. I am very intersted in knowing how they react and how you have them set up ELNK I use 5min mostly and 15min periods and the box size is 1/4,my 5min intraday chart is simular to the above chart atleast the end of it. The 15min chart is much closer and is giving a double bottom alert. I receive these alerts much sooner I guess w/ the 5min chart... I was getting a lot of alerts the last 40mins of trading but was ignoring them since I knew the market was crashing. I use the P&F charts along side of my regular charts. I am aware these are a greater aid in normal trending stocks and markets in determining a trend over a longer period of time....I'm just trying to strengthen my arsenal. They appear to be reacting very well. As I said earlier...the stock swings generally reverse on double/triple top/bottom alerts but not always...the bullish catapult usually signals a strong move. As in AIRO mid-day today. Jeff

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