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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Peace who wrote (48900)10/17/2000 12:37:46 PM
From: Chip McVickar  Respond to of 94695
 
>>On the 5 or 7 day pattern is it that as long as the lows of the 1st day are not taken out the wiggle can still complete. <<

Yes Peace..., that would be correct. If the first days low is taken out you've got a new "low for the move" and the wiggle pattern starts all over again.

We must see a close above the first days 'High" today or within the next 5-7 days. But 3 days is the most powerful and reliable.

Chip