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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Ms. X who wrote (1418)5/3/1999 9:20:00 PM
From: accountclosed  Read Replies (1) of 63513
 
I am at the end of it and hitting restart also after the last flourishes.


Well, I am taking the piffing in. I think I understood what you said. Being so focused on a certain level is a little counter intuitive to me. What would prevent a knowledgeable bear with big bucks now from realizing that this support level was so important and busting it to advance the bear cause? (ignoring uptick considerations on selling short)

BTW, remember TLC's post on time and piffing? And I commented that it was a good post. And it was. But one of your piff experts said time was simply not a factor in piffing. And you put the quote on your profile?

Well even in reading the first two chapters it is clear to me that time is not represented on the charts. I mean it says if you don't have the movement that you need, you simply don't update the chart that day. So just looking at a piff chart, you would never know how much time was represented as days/weeks/months might have passed since the last entry on the chart. Right?
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