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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (526)3/21/2000 9:20:00 AM
From: Chip McVickar  Respond to of 33421
 
Hello Bob,

From what I know about these wiggles the 3 day pattern can be extended out to 5 and 7 days. They all can produce strong moves of substance. GZ has suggested about 80% of the time.

Essentially one day can be extended by a few days before it is completed. Take a look at the SOX sell wiggle and keep the 3 day pattern in mind. You should ask GZ for any interpretations....they are complicated critters.

I don't know where the markets are going, my trades have been terrible, so I'll spare you any confusion and my opinion...<<smile>>

Good Luck Bob,

Chip