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


To: sandeep who wrote (40993)3/21/2000 10:40:00 AM
From: Chip McVickar  Read Replies (1) | Respond to of 44573
 
sandeep,

I've only seen the Lindahl wiggle applied to the various indexes. But chart patterns reflect tensions between buyers and sellers, so I would expect you could apply the wiggle to individual stocks as well.

You could even program it into a good scanning software and see some excellent trades...! If you do let me know. <<smile>>

Ask GZ, he's the one who brought the wiggles to our attention.

Chip

BTW....It could take a day or so to playout into a sell off.