To: Second_Titan who wrote (87900 ) 2/21/2001 12:03:28 PM From: Timelord Read Replies (1) | Respond to of 95453 I think its a smart move. A few heads up from watching the OSX ticker for close to three years. The OSX builds some very predictable trading patterns that can last for days, sometimes, with interruptions, they repeat over weeks. The most consistent that I've been able to see is that an early morning gap up and run will inevitably lead to a steep sell off. Usually, around 11:30 (don't ask why the time), there will be a reversal and run up. In a strong, rallying OSX, this run will be steep and will hold for a while. There tends to be a little bit of a sell off in the afternoons, and perhaps a small rally into the close. If the 11:30 bounce doesn't last more than 15 minutes, look for the downtrend to resume. You can see that in these 5 min charts, although I have mine set to 3. Yesterday, that 11:30 rally fizzled early, and a steep sell-off ensued. This run, sell off, bounce, sell off seems to be confirming a weaker OSX trending down. It may also represent a range bound OSX but I haven't confirmed this. Incidentally, the times are approximate and can be earlier or later, but its the identification of the sustained rally that is important.siliconinvestor.com One other observation using my 3 minute chart is that three white (upward) candles followed by a fourth usually confirms a S/T uptrend. The opposite is true for a down trend. As with any "rules" trying to pin down the markets, these indicators are only useful if you have a feel for the market, the momentum and have other ways of confirming your observations. Trying to trade these without studying and learning them independently can be costly as you don't have the experience to know when they're lying to you (and they lie frequently! <g>). Good luck. Alex