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Pastimes : CLOWNS TO THE LEFT OF ME.. JOKERS TO THE RIGHT. -- Ignore unavailable to you. Want to Upgrade?

To: coug who wrote (142)	8/14/2000 5:30:58 PM
From: IndexTrader	Read Replies (1) \| Respond to of 306

Hey Mike, Sorry about those puts. Considering the home run with Corvis, you are having a great year! Here is what I have been thinking... Earlier this year, I read the Frost/Precther book on ewaves. Prechter talked at length about the 66-82 period (the last time he was right) and I keep noticing how similar the Dow chart was to that timeframe. So I have been watching that unfold. (These links take forever-@Home needs more servers). members.home.net This weekend, I decided to see if there were often repeated patterns in the Naz. I found one, a biggy. members.home.net I saw this in large and small time frames. One in particular struck me - 1978-80. I backed it up to 1974, and it looks a lot like 1998 to Now. members.home.net Does this mean anything? Likely not, but IF these patterns are being followed, there should be a choppy move up in the Naz to mid Sept. then a move back down to about 3650 in Oct. The Dow should have one more pullback to finish off its correction. Also, there are cycle highs in Sept. and Lows in October, so they agree. Who knows... but its fun to speculate (w/o $ of course). I am looking at C, MO (the stock formerly known as MightyMo), and perhaps DIA. I am also still watching BTK, waiting to see what happens if/when it double tops. So I will just continue observing and enjoying summer. For now its off to the dog park. TTYL Susan

To: coug who wrote (142)	8/15/2000 12:48:44 AM
From: IndexTrader	Read Replies (1) \| Respond to of 306

Coug, I should probably explain my earlier message to you. I tend to trade mostly based on patterns and how bars/candles relate to one another in different time frames. It is very subjective, but it works for me. As far as the Dow/Naz patterns I mentioned, I notice that quite often the very large, significant patterns on monthly/weekly charts tend to repeat on smaller time frames (& vice versa) and there are often fibonacci relationships in both time and price. Lately, I started working with ewaves, and I am discovering how the patterns relate to the waves. It is very interesting. As far as indicators, I use the ITBM (my favorite), the McOsci, Trin, Tick, ADX and MACD (5,35). Thats about all. One of these days I need to expand on those. Perhaps you will be able to give me some suggestions. Also, I like position trading. I like to keep positions for as long as I can. It doesn't help that I never get up before 9:30 Pacific time. I would die as a day trader! Anyway, hope you have a good day tomorrow. Susan