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To: JoeinIowa who wrote (455)	3/14/2001 10:10:24 PM
From: Magnatizer	Read Replies (1) \| Respond to of 1298

Joe I think the best way to explain this would be to give an example. The last magnet trendline cross on the nasdaq 100 was on 3.06.01. The high that day: 2029, the low: 1974. 3.07.01 close: 1996 was inbetween the high/low pivots of the magnet tline cross day so no trade. 3.08.01 close: 1938 was below the 1974 low of the magnet tline cross day so the SHORT trade was initiated. I entered this position on the close as it was obvious the signal would fire. The stop was set at a close above the signal day high (which is also a SAR type stop, IOW, reverse position to long) If 3.08.01 close had been inside the magnet cross day high/low range the signal would still remain valid for the next day, and the next... on until a entry stop is triggered. I am going to have to figure out how to catch the game tomorrow. Think you can do some of your fancy engineering to beam it into SCarolina? ht mag