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Strategies & Market Trends : The Player's Club -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (2177)12/3/1999 7:08:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 11513
 
Sure... the buy wiggle is a three day pattern... the first day is the day of the low... the second day has a higher high and higher low, closing lower... the third day has a lower low than the second day and closes higher than the high of the first day.....

Here's the bond chart with a pattern that almost fits the above description:

commoditiesfutures.com

In this chart, the high of the second day only matches the high of the first day, a double top... and the third day only matches the low of the second day, a double bottom... but, the third day also closes above the high of the first day... a near perfect buy wiggle.... those patterns are about 85% reliable... especially when they occur at a cycle low.....

Did you get that? If not, please let me know...

GZ