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Strategies & Market Trends : The Player's Club
SPY 694.04+0.7%Jan 9 4:00 PM EST

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To: GROUND ZERO™ who wrote (707)12/26/1999 1:14:00 PM
From: BG Smith  Read Replies (1) of 11513
 
GZ,
I hope you and your family had a wonderful Christmas and wish you all the best in the coming year.

I am finally getting around to focusing on the wiggle as it might apply to individual stocks. I am using the info from your post #707 as a starting point. Naturally, I have a few questions I hope you will have time to address.

I am assuming the wiggle is a continuation formation. Is there a duration minimum for the move before a wiggle can be formed? Would 2 weeks into a move be sufficient?
Is confirmation required on day 4 (the 1st day after the wiggle is in place)? If no confirmation on day 4, is the predictive power of the wiggle diminished? Does the wiggle imply any time or magnitude in it's prediction?
Many thanks.

BG
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