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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: TREND1 who wrote (26794)8/4/2000 10:20:44 AM
From: TREND1  Read Replies (1) | Respond to of 42787
 
About Error Channels Lines.
(1) Found in Metastock Pro 7
(2) Always drawn from high to Low......
or Low to High....on a daily,minute,etc chart.
(3) It is like a trend line and channel line put into one.
(4) Once a high-Low error channel line is in place, it is extended to look for break outs.

Larry Dudash
PS: I use Esignal real time which feeds into Metastock Pro 7



To: TREND1 who wrote (26794)8/4/2000 10:22:53 AM
From: donald sew  Read Replies (4) | Respond to of 42787
 
Larry,

Per my cycle analysis a cycle low in the NDX was set in early JULY around 3600. It is not as obvious since it occured during that flat trading period. So, according to my cycle analysis the NDX produced a significant LOWER LOW. I understand that you are using the MAY lows for that call of a HIGHER LOW, which ignores the LOWER LOW in JULY.

You could be right, but its not fitting in with my cycle analysis.