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Strategies & Market Trends : TA-Quotes Plus
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To: Richard Estes who wrote (7840)11/17/1998 5:58:00 PM
From: Webb B Blackman Jr  Read Replies (1) of 11149
 
use 2.63 and -1.63 for SD with H/L flip.

Richard,
I will check in a few minutes, but by any chance are those numbers associated with Fibonacci? I do not exactly understand the H/L flip. In a up trend, do you want to 2.63 to be the high channel. That would seem to mean that on a downward trend, you would buy a stock quicker since the breakout would be easier to take place.

Or do I have it backwards?

--- webb ---
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