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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (2500)1/10/2000 11:21:00 PM
From: Patrick Slevin  Respond to of 7434
 
Nicely done. Have I seen that on the Internet much? Not graphically like that, much, no. Also although we are fiddling around with a technique based on time that mathemagically arranges motion using a quasi-circular logic......actually a spiral technique based to some extent on fib and derivatives of fib (although not the spiral you might see in books on the subject)......for the most part we rely on historical patterns to develop time series. One day, perhaps, there shall come along a string of 28 hour days, 8 day weeks to work on the former technique. For now the latter takes up most of the available time.

For the price movement we just use a rather primitive form of SuperCalc which has been pre-programmed with formulae so the levels may be seen on the fly. It would be easy to do one or two ranges graphically but when you trade intraday such graphics get overlapped and often it's only practical to erase one to see the internal one. With a program spitting out the numbers the data may be saved on one set while running the next set. The program was written by a friend of mine, it's not mine to give away. Currently he is developing a similar program based on fib in Point and Figure.

It would be much easier if I could type faster, and it does not look as appealing as a graphic. For my purposes however it's okay.

To be honest I can't recall where (if ever) I have seen anything along those lines, but if I come across such a method I'll try to provide a link for you.