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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: booters who wrote (15411)2/27/2002 9:25:28 PM
From: hypostomus  Read Replies (1) | Respond to of 18137
 
How do those patterns differ in your mind from what classically are called consolidations?



To: booters who wrote (15411)2/27/2002 10:05:43 PM
From: Smooth Drive  Read Replies (1) | Respond to of 18137
 
Hello Boots,

Hey that helped a great deal. Thank you very much for taking the time. Very kind of ya.

Perhaps some folks call them other things but I like your idea of a cluster -- sort of eliminates the "This pattern or that pattern," etc talk.

Let me push it just one more time then I'll leave you alone<g>.

On a daily chart - do you prefer to see a close break a previous low in the cluster -- rather than just the low? (Or high going long?) Thinking in a daily chart, how do your stops work?

Thanks again Boots. Most appreciated.

PS to lurkers. Now you know damn well you were interested and now you know. Tell Boots thanks<g>

Take care,

Eric