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

To: JDinBaltimore who wrote (7262)	3/15/2000 11:26:00 AM
From: Chip McVickar	Read Replies (1) \| Respond to of 11513

John, Yes, I understand how you use the CB. As I've said they correspond to topping spikes and reversal patterns in the bar charts. These also are "extremely high probability of predicting a down swing of unknown magnitude." There are also bottom spikes in bar charts that are similar and anticipate buying opportunities. Along with these initial spikes there are a series of 3 bar patterns that set up buying and selling....these have a high degree of probability. On day charts..., when these three day patterns with spikes occur and are used with other indicators they can produce significant opportunities for long term positional trades. Chip