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

To: Patrick Slevin who wrote (42662)	12/20/2000 11:12:01 PM
From: OX	Read Replies (2) \| Respond to of 44573

good point about a Bull market relevance. i was just pointing out the old adage about a stretched rubber band... . . . (assuming it does not break :-)

To: Patrick Slevin who wrote (42662)	12/21/2000 7:11:45 AM
From: Atin	Read Replies (1) \| Respond to of 44573

Just put out a new version of QPnf (version 2.42) that has something that I just read about in Kaufman's "Trading Systems and Methods". He wrote that for intraday trading with P&F Charts, one should give preference to reversals over continuations. So the new version of QPnf has an option in the parameters dialog to favor reversals over continuations. Try it sometime -- xocharts.com :) Might only be useful for Tick, 1-minute and maybe 5-minute charts. -Atin

To: Patrick Slevin who wrote (42662)	12/21/2000 7:34:43 AM
From: Atin	Read Replies (2) \| Respond to of 44573

The problem with the preferring reversals over continuations on the P&F charts is that you may not see some extremes in price if the reversal happened and it was far enough to reverse even the previous time period's low (or high depending on which kind of column you were in). So it is better to use small time periods -- like a tick or maybe 1-minute, 5-minute. I'll see how it works today.

To: Patrick Slevin who wrote (42662)	12/21/2000 8:19:23 AM
From: SE	Read Replies (3) \| Respond to of 44573

You know, I keep thinking I need to reload QPnf on my computer and see if it is working again...but then everyday I come on this board and I would have to download a new version. Perhaps I shall wait for the version that has a (f) at the end indicating a FINAL complete and correct version. Good Luck today. I read your post on the bearish tone of the market. My key day picked for today was 10/26/00. However, the other days I picked were more bullish and followed the same pattern, so I was feeling a bit better about the stronger upside possibilities. On reading your post, it got me to thinking that perhaps 10/26/00 is the correct day, regardless. That was the day that has the later low at 14:20. Well, we shall see.