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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: SE who wrote (28339)	7/21/1999 3:45:00 PM
From: Nemer	Read Replies (1) \| Respond to of 44573

Well, then let's take it apart...how about that? ok, here is what I think ... (also check my edit on previous for the immediate thought process that took place right at the time Pat was posting to me) double top or bottom ... portends a possible change of direction OR a continuation of the same direction, but with a possible stronger impetus in which ever direction .... triple top or bottom ... same deal as the double, except for the fact that when it occurs hard on the heels of a double ..... IT COULD BE that much stronger .... NOW ... the most important thing for me to trade from on these formations is to leave them alone .... unless they happen to come at a point which I have determined is a pivot point of fairly great import and other factors help me to pick a direction which is based on "MY facts" --- my forecast, if based on other than these strong factors, becomes a guess and most of my guesses are no better than 50/50 as would be and as is math fact .... and I demand 75% accuracy or I can't trade .... there, little bud, does that help clarify anything as to the "thought" process down here in Texas from the peabrain section of the Systems thread ........ gggggg