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Strategies & Market Trends : Galapagos Islands

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To: Jeffrey S. Lillie who wrote (14166)11/23/2002 5:31:31 PM
From: Jorj X Mckie  Read Replies (1) of 57110
 
One of the things that I try to do with the P&F charts is to find the "right" box size. Since 50pts doesn't line up to the BRL in every instance, I tried 45pt box. 1620 looks like the goal on the 45pt box.
stockcharts.com

P&F has a lot of slop in it. So I use conventional TA as well to fine tune and confirm. What is important to me is that there will be a move toward the BRL on major selloffs like we had into October 10th.

As you can see, 1620 falls into my target range.
stockcharts.com
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