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Strategies & Market Trends : TC2000 Users Technical Analysis Forum

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To: RC Stein who wrote (2512)	11/22/1999 9:17:00 PM
From: Judy	Read Replies (1) of 3291

Great discussion. The BOP indicator does do a good job of showing when a possible trend reversal is coming. From what I have noticed, when a stock first hits bottom, the BOP is red and either positive/negative. In the middle of the bottom consolidation, BOP can be red or yellow (might even have one or two green thrown in) and bounce between neg and positive usually closer to zero than the beginning of the consolidation. Towards the end of the consolidation, BOP goes positive yellow for at least a few day. Some stocks even show a couple of green days with MS rising just before take off. Finding this end pattern, puts a stock on my watchlist. BCE show a good example of the end of a consolidation period. Hope this helps. Does everyone use the factory settings for TSV? Take care, Judy in Maine

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