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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Doug R who wrote (34582)3/11/2000 4:26:00 PM
From: Roger Schelling  Read Replies (1) of 79230
 
Doug R:
Yes there is a very orderly system at work "here" that works with many of the market's formations. I actually started to see and finally trade some of the formations I learned at Pristine some years ago, of course with that learning the weaknesses and strengths that go with them.

Fibonacci things also are the result of orderly formulas in more places than markets. I like the Cosmos - Finding order in what is seemingly chaos. <<grin>>

While I do not know the technicalities of the the scenes you see in all the "plays", I remember being especially interested in the MIMBO way back there when I had already witnessed that as a bottom formation many times. It is a nice study from the "shorts covering" spike, making higher lows etc.
Although I did not have the "name" for it or have it so refined. You have the patent on that. :>)
You obviously really do a fine job of applying that to the longer term charts which has helped with many entries.

IL/ACT/RR - You may elaborate more on this thing anytime you feel in the freely giving mode though. Maybe I just missed some of the explanations. IL/ACT/RR has many applications.
Appreciated the response and explanation.

Thanks for turning on the "Welcome Light" bdog and Warthog.

Lurking and learning,
Thankfully profiting,

Roger
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