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To: vampire who wrote (24838)7/3/2000 7:17:39 PM
From: donald sew  Read Replies (2) | Respond to of 42787
 
Metsin,

Negating a CLASS 1 signal would require a significant higher price above the high point in the window time frame without reversing the minimum amount.

Lets say I get a CLASS 1 SELL signal on WED, which means from the time the signal rings there is a window of 1 day where the short-term high is produced. So the reversal could start right at the time of the signal ringing, or if it continues up then only until the next day's highs.

Now lets say that it just continues up 2 days after the signal rings - that would be the first hint of a negated signal. It could just be a late response, so if by day 2 it closes at the intraday highs then that would be another hint of a negated signal. If by day 3 after the signal rings there is no sign of weakness, that would basicly cement a negated signal. So basicly, hints of a negated CLASS 1 signal can only start 1 day after the CLASS 1 SELL WINDOW, or 2 days after the signal rang.

Please understand that my approach is unconventional since most system are linear based requiring the market/index to reverse first before a signal is given. My system attempts to predict the timeframe that a short-term pivot point occurs, before any actual change in direction. My CLASS SIGNALS are time-based, not price based.

Hope that its clear.