Set the Controls For The Heart of the SUN Message Board

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Strategies & Market Trends : Set the Controls For The Heart of the SUN

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To: Doug R who wrote (230)	5/21/1997 1:45:00 PM
From: Mark	of 1156

Dear Doug, Thank you for sharing your TA work. I am not following any of the stocks under consideration here, however the TA discussed is most appriciated. Some of the stocks I follow include: LSI,USRX,COMS,MU,ATML,... Currently, I am not tooled to do a large scale scan for a complex pattern such as a T.D. sequential. Certainly will be posting them F.Y.I. when I suspect a Pattern. I came across MR. T.D.'s work by way of a reference made to a rather simple six bar pattern: "a day whose low is the lowest low of the last four days and has a down close. If the close two days after this low range day is greater than the low day's high, buy on the close." The beginner's enthusiasm took over me and completely oblivious to all other info. I found and traded this pattern more than 25 times with only 3 bad trades! soooooo I became a believer in MR. T.D. Later I realized that we were in a huge bull market at the time. Since I have not tested this pattern I have no idea what its vital statistics is. Has anyone run a test for the sequential? ST

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