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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: LemonHead who wrote (9581)12/16/1999 11:50:00 PM
From: fuzzymath  Read Replies (3) of 18928
 
When the lights switch colors (short version): The lights switch colors when the action in the market index takes it out of the pattern bin it was occupying and moves it into a different pattern bin. This is most likely to happen when a strong reversal of market direction occurs.

But--it's not purely mathematical. I look at all the models to select the color for each day. I usually just follow what the models say, though.

This is surely an obscure post for anyone who hasn't visited my front page, but I'm short on time tonight (big Monday deadline at work). See my profile for a link to the site if you're interested.

One question: what is Tom's IW gauge and where can I see it? I've considered putting gauges on my site that I would update daily, so that people could more judge for themselves what may happen next and what the current risk level is, based on the same evidence I use in the models.

Kevin
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